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Lanco Infratech Ltd has posted a loss of ₹586.29 crore for the fourth quarter ended March 31, 2015, against a loss of ₹584.29 crore for the corresponding quarter last year.
The company’s income from operations was down at ₹2224.3 crore for the fourth quarter against ₹2743.80 crore for the corresponding quarter last year.
The diversified infrastructure company has posted a loss of ₹2036. 74 crore and income of ₹9371.9 crore for the financial year ended March 31, 2015, against a loss of ₹2273.88 crore and income of ₹10,430 crore for the pervious financial year.
The company had to contend with a foreign exchange loss of ₹140.3 crore for the forth quarter against a forex gain of ₹80.2 crore for the corresponding quarter.
According to the company, the adjusted net worth was at ₹2364.3 crore as of March 31, 2015.
The company mentioned it has outstanding receivables of ₹2626.8 crore from various State utilities.
Lanco Infra stated that its EPC order book was at ₹28,063 crore, which includes power and solar divisions. Of this, internal projects constitute about 80 per cent of the order book.
The company employee strength has come down to 3,163 from 4,000 last fiscal.
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