New Delhi: Ramky Infrastructure’s net loss has narrowed down substantially to Rs 12.35 crore in the quarter ended December 31, 2015, due to a high income and a low finance cost.
The company had posted a net loss of Rs 133.09 crore for the corresponding period year ago.
Its total income rose to Rs 349.49 crore in third quarter from Rs 304.56 crore in the corresponding period of the last fiscal year, the company said in a regulatory filing today.
During the quarter, the company’s finance cost also came down to Rs 52.85 crore from Rs 74.44 crore, it said.
Hyderabad-based Ramky Infrastructure is an integrated construction, infrastructure development and management company.