IL&FS, DQE, Bartronics & Gayatri Q1 rusults

Chennai : IL&FS Engineering and Construction Ltd, formerly known as Maytas Infra Ltd, posted a net loss of Rs 14.11 crore in the three months to June 30, compared with Rs 43.46 crore in the same quarter last year. Total income rose 40 per cent in the quarter to Rs 253.17 crore from Rs 180.72 crore. The company said the financial results include its share of profits amounting to Rs 51.18 lakh from integrated joint ventures in which it is a co-venturer, except from one JV which has not yet prepared its results. On realising its claim for Rs 323.78 crore from the erstwhile Satyam Computer Services Ltd, the company said it was confident of recovering the inter-corporate deposits with interest.