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GMR Infrastructure reports consolidated net loss of Rs 398.67 crore in Q2

16 Nov 2015 Evaluate

GMR Infrastructure has reported results for second quarter ended September 30, 2015.

The company has reported a net loss of Rs 1.35 crore for the quarter ended September 30, 2015 as compared to net loss of Rs 18.05 crore for the same quarter in the previous year. However, the company’s total income has increased by 21.95% to Rs 182.21 crore for the quarter under review from Rs 149.41 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported a net loss after taxes, minority interest and share of loss of associates of Rs 398.67 crore for the quarter ended September  30, 2015 as compared to net loss of Rs 609.86 crore for the same quarter in the previous year. However, total income of the company has increased by 14.40% at Rs 3184.11 crore for quarter under review as compared to Rs 2783.22 crore for the quarter ended September 30, 2014.

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