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Reliance Home Finance s Q4 net loss widens to Rs 445 crore
For the full year 2020-21, the company s net loss widened multifold to Rs 1,519.90 crore as against Rs 375.32 crore in 2019-20
PTI | May 8, 2021 | Updated 16:21 IST
Reliance Home Finance on Saturday reported widening of its net loss to Rs 444.62 crore in the fourth quarter ended March 31. The Anil Ambani-controlled Reliance Capital subsidiary firm had reported a net loss of Rs 238.37 crore in the same quarter of the previous fiscal year. Sequentially also, the loss widened from Rs 339.55 crore in quarter ended December 2020.
The troubled housing financier is undergoing a debt resolution. Its income during January-March 2021 fell 42.4 per cent to Rs 162.08 crore as against Rs 281.34 crore in the year-ago period, Reliance Home Finance said in a regulatory filing.
An occasional series of conversations with experts on the science and policies regarding fires.
The conversation about forest health, climate change and last year’s wildfire season moved to the money side this week, with four bills dealing with mitigation and fire suppression on the agenda.
Monday, the House Agriculture, Livestock and Water Committee signed off on House Bill 1008, which would allow local communities to set up their own special districts to finance local mitigation projects.
It’s worth noting that the state’s wish list for mitigation funding is in the ballpark of $750 million, just for the most urgent areas. It would take $2.4 billion to fund all mitigation projects in unhealthy forests, according to the Department of Natural Resources (DNR)
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