Reliance Naval June-quarter loss widens to Rs 371 crorehttps://indianexpress.com/article/business/companies/reliance-naval-june-quarter-loss-widens-to-rs-371-crore-5894605/

Reliance Naval June-quarter loss widens to Rs 371 crore

The company had posted a consolidated loss of Rs 361.31 crore in the year-ago period, Reliance Naval and Engineering Ltd said in a filing to BSE.

The company is engaged in the business of ship-building and repairs. (Representational)

Reliance Naval and Engineering Ltd on Saturday reported widening of its consolidated loss to Rs 370.95 crore for the quarter ended June.

The company had posted a consolidated loss of Rs 361.31 crore in the year-ago period, Reliance Naval and Engineering Ltd said in a filing to BSE.

Consolidated income declined to Rs 26.85 crore in the quarter under review, from Rs 37.31 crore in the year-ago period.

The company is engaged in the business of ship-building and repairs.