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Maytas' 2008/09 net loss at 4.9 bln rupees
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MUMBAI |
MUMBAI (Reuters) - Indian infrastructure company Maytas Infra Ltd had a net loss of 4.9 billion rupees ($101 million) in 2008/09 ended in March against a net profit of 996.4 million rupees a year ago, a company statement said late on Saturday.
The company had turnover of 13.35 billion rupees in 2008/09, down 18 percent from 16.37 billion rupees a year ago, the statement added.
The losses were on account of personnel, interest, depreciation and administrative costs, the statement said.
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