Companies

Religare Enterprises Q1 net loss widens to Rs 146.99 crore

PTI New Delhi | Updated on August 09, 2019 Published on August 09, 2019

Religare Enterprises on Thursday said its consolidated net loss widened to Rs 146.99 crore in the first quarter of 2019-20 fiscal.

The company had posted a net loss of Rs 134.12 crore in the year-ago period, according to a regulatory filing.

Total revenue declined to Rs 539.23 crore during April-June quarter of 2019-20 from Rs 598.80 crore a year ago.

Expenses also remained lower at Rs 682.84 crore as against Rs 731.72 crore in the corresponding period last year.

Published on August 09, 2019
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