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LITL gross revenue declines by 19pc

Posted on Feb 13, 02:37PM | IBNS

Gurgaon, Feb 13 : Leading Indian business conglomerate Lanco Infratech Limited (LITL) has announced earnings for the third quarter of FY13 ended on December 31, 2012.

Consolidated Performance:

§ Gross Revenue before eliminations declined by 19pc from Rs.46,205 Mn in Q3FY12 to Rs.37,537 Mn in Q3FY13.

§ Gross Revenue for the First Nine Months period (9MFY13) increased by 5pc YoY from Rs.1,09,559 Mn in 9MFY12 to Rs.1,15,329 Mn in 9MFY13.

§ Adjusted EBITDA (Ex Forex) declined by 4pc YoY from Rs.6,274 Mn in Q3FY12 to Rs.6,047 Mn in Q3FY13.

§ Adjusted EBITDA for 9MFY13 (Ex Forex) increased by 15pc YoY from Rs.15,386 Mn in 9MFY12 to Rs.17,684 Mn in 9MFY13.

§ Reported loss of Rs.4,646 Mn in Q3FY13 against a profit of Rs.609 Mn in Q3FY12.

§ Reported loss of Rs.10,417 Mn in 9MFY13 against a loss of Rs.1,848 Mn in 9MFY12.

§ Forex loss of Rs.429 Mn recognised during the quarter.

§ Adjusted Net Worth of the company stood at Rs.65,927 Mn as at end December 2012.