Ansal Properties reports loss of Rs 90 million

16 Aug 2022 CW Team

Ansal Properties and Infrastructure Ltd recorded a consolidated net loss of Rs 90 million for the June quarter. In the previous year, its net loss was Rs 298.1 million.

According to a regulatory filing, total income increased to over Rs. 1.15 billion in the first quarter of this fiscal year from Rs 966 million in the same period last year.

The board also authorized Pranav Ansal's reappointment as Vice Chairman and full-time Director for a three-year term beginning in November 2022 and ending in October 2025.

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