IL&FS Engineering and Construction Company is engaged in the business of erection / construction of roads, irrigation projects, buildings, oil & gas infrastructure, railway infrastructure, power plants, power transmission & distribution lines including rural electrification and development of ports.
Financial Results:
- IL&FS Engineering & Construction Co Ltd reported Revenues for Q1FY24 of ₹55.00 Crores up from ₹39.00 Crore year on year, a rise of 41.03%.
- Total Expenses for Q1FY24 of ₹98.00 Crores up from ₹52.00 Crores year on year, a rise of 88.46%.
- Consolidated Net Profit of -₹16.00 Crores from -₹8.00 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹1.18, from -₹0.65 in the same quarter of the previous year.