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Earnings

Debt-ridden IL&FS posts Rs 22,527 crore net loss for FY19

Updated : December 04, 2019 10:34 PM IST

The scam-ridden infra lending major reported revenue of Rs 824 crore, massively down from Rs 1,734 crore in the previous year.
As of end-March 2019, total assets stood at Rs 4,148 crore, a pale shadow of Rs 23,868 crore year-ago, a company statement said.
As of October 8, 2018, the group has an external fund based debt of Rs 94,216 crore and an additional non-fund based debt of Rs 5,139 crore.
Debt-ridden IL&FS posts Rs 22,527 crore net loss for FY19
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