IL&FS Engineering and Construction Company Ltd (formerly Maytas Infra Ltd) has posted a loss of INR 34.22 crore for the first quarter ended June 30, 2012 against a loss of INR 14.10 crore in the corresponding quarter last year. However, the revenues stood at INR 359.41 crore against INR 250.88 crore.

The board has decided to extend the financial year of the company by six months. This move comes in the wake of the Scheme of Arrangement undertaken by the company to restructure its capital.

Source - Business Line

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