IL&FS reports Rs 22,527 cr net loss for FY19
The scam-ridden infra lending major reported revenue of Rs 824 crore, massively down from Rs 1,734 crore in the previous year.
Cash-strapped Infrastructure Leasing & Financial Services (IL&FS) on December 4 reported a standalone net loss of Rs 22,527 crore for the fiscal to March 2019, as against Rs 333 crore in the previous fiscal.
The scam-ridden infra lending major report
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