Reliance Naval and Engineering widens Q1 loss to Rs 371 cr from Rs 361 cr

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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.



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