Inox Wind Consolidated Net Loss Widens To Rs 287.86 Cr In December Quarter

Inox Wind on Friday reported widening of consolidated net loss to Rs 287.86 crore in the December quarter, due to higher expenses

Topics

Inox Wind  | Companies

Press Trust of India  |  New Delhi 



funds

Representative Image

').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();

on Friday reported widening of consolidated net loss to Rs 287.86 crore in the December quarter, due to higher expenses.

Its consolidated net loss was Rs 63.95 crore in the quarter ended on December 31, 2021, according to a regulatory filing.

Total expenses increased to Rs 522.31 crore in the October-December quarter from Rs 283.65 crore in the year-ago period.

Total income of the company rose to Rs 229.07 crore in the quarter from Rs 185.91 crore in the corresponding period a year ago.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

First Published: Fri, February 10 2023. 22:02 IST


RECENT NEWS

Monzo Looks For US Banking License

Monzo is preparing a renewed push to secure a US banking licence, four years after abandoning its first attempt when tal... Read more

Crypto Firms Push Into US Banking

America’s cryptocurrency companies are scrambling to secure a foothold in the country’s traditional banking system, ... Read more

Parallel Banking: Stablecoins Are Now Global

Parallel Banking: How Stablecoins Are Building a New Global Payments SystemStablecoins—digital currencies pegged to tr... Read more

JPMorgan Deploys AI Chatbot To Revolutionize Research And Productivity

JPMorgan has deployed an AI-based research analyst chatbot to enhance productivity among its workforce, with approximate... Read more

Private Equity And Banks: The Complex Web Of Leverage

Private equity has emerged as a significant force in the global financial landscape, driving substantial growth and inve... Read more

Financial Watchdog Highlights Unresolved Vulnerabilities In Shadow Banking Sector

The world’s leading financial stability watchdog has issued a warning about the unresolved vulnerabilities within the ... Read more