Realty firm Ansal Properties and Infrastructure Ltd on Saturday reported a consolidated net loss of ₹ 8.98 crores for the quarter that ended in June. Its net loss stood at ₹ 29.81 crore in the year-ago period. Total income rose to ₹ 115.22 crore in the first quarter of this fiscal from ₹ 96.56 crore in the corresponding period of the previous year, according to a regulatory filing.
The board has also approved the reappointment of Pranav Ansal as Vice Chairman & Whole Time Director for a period 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.