Reliance Defence and Engineering has reported results for third quarter ended December 31, 2016.
The company has reported a net loss of Rs 132.71 crore for the quarter under review as compared to a net loss of Rs 293.60 crore for the same quarter in the previous year. Total income of the company increased by 137.48% at Rs 132.87 crore for the quarter under review as compared Rs 55.95 crore for the corresponding quarter previous year.
Reliance Defence and Engineering is engaged in defence, offshore, marine and engineering sectors. The company has two units, one special economic zone (SEZ) unit and another export oriented unit (EOU).