Real estate firm Ansal Properties and Infrastructure Ltd reported a consolidated net loss of Rs 8.98 crore on Saturday for the quarter ended June.
The net loss in the same period a year ago was Rs 29.81 crore.
Total income rose to Rs 115.22 crore in the first quarter of this fiscal from Rs 96.56 crore in the corresponding period of the previous year, according to a regulatory filing.
The board of directors has also approved the reappointment of Pranav Ansal as Vice Chairman and Whole Time Director for a term of three years commencing from November 2022 to October 2025.
Ansal Properties and Infrastructure Ltd is headquartered in the national capital and has developed many projects in North India.
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