IFCI Ltd on Saturday reported a net loss of Rs 45.17 crore in the third quarter ended December 2016. This is against net profit of Rs 154.33 crore recorded in the same quarter last fiscal. In the September quarter this fiscal, IFCI had recorded net profit of Rs 14.86 crore.

For the nine months ended December 31,2016, IFCI has recorded a net loss of Rs 140.59 crore as compared to net profit of Rs 438.48 crore in the same period last fiscal.

Srivats.kr@thehindu.co.in

(This article was published on February 11, 2017)
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