Dredging Corp narrows Jul-Sep net loss to Rs 22 cr

Simran Arora

New Delhi, Nov 8 (PTI) Dredging Corporation of India on Friday reported narrowing of its standalone net loss to Rs 22.28 crore for the quarter ended September 2019.

The company had posted a standalone net loss of Rs 79.16 crore in the year-ago period, Dredging Corporation said in a BSE filing.

The company's standalone total income declined to Rs 123.83 crore in the July-September period, from Rs 149.44 crore in the year-ago period.

The company is involved in maintenance dredging, capital dredging, beach nourishment, land reclamation, shallow water dredging, project management consultancy and marine construction. PTI SID ABM