Reliance Naval And Engineering Q4 Loss Widens To Rs 409 Crore


Reliance Naval and Engineering Ltd (RNAVAL) today reported widening of standalone loss at Rs 408.6 crore for the quarter ended March 31, 2018.

The company – formerly known as Reliance Defence and Engineering Ltd – had posted a loss of Rs 139.92 crore in the year-ago period, the company said in a BSE filing.

Standalone total income in January-March 2017-18 dropped sharply to Rs 34.7 crore from Rs 250.8 crore. Read More…

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