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IL&FS Engineering & Construction Co. Ltd. ( ($IN:IL&FSENGG) ) has issued an update.
IL&FS Engineering and Construction Company Limited has disclosed continued defaults in meeting interest and principal repayments on loans from banks and financial institutions as of March 31, 2025. The total outstanding amount is INR 2,628.15 crore, which is also the amount in default, indicating significant financial distress. This situation may impact the company’s operations and its positioning in the industry, raising concerns among stakeholders about its financial stability.
More about IL&FS Engineering & Construction Co. Ltd.
IL&FS Engineering and Construction Company Limited operates in the engineering and construction industry, providing infrastructure development services. The company focuses on projects in sectors such as roads, buildings, and industrial structures, aiming to deliver comprehensive solutions in construction and engineering.
YTD Price Performance: -17.72%
Average Trading Volume: 12,437
Current Market Cap: 4.88B INR
For a thorough assessment of IL&FSENGG stock, go to TipRanks’ Stock Analysis page.