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GMR Infrastructure reports net loss of Rs 700.34 crore in Q2

08 Dec 2016 Evaluate

GMR Infrastructure has reported results for second quarter ended September 30, 2016.   

The company has reported a net loss of Rs 700.34 crore for the quarter under review as compared to a net loss of Rs 7.41 crore for the same quarter in the previous year. Total income of the company increased by 13.20% at Rs 331.22 crore for the quarter under review as compared Rs 292.60 crore for the corresponding quarter previous year. 

GMR Infrastructure is an infrastructure holding company of GMR Group. It undertakes the development of the infrastructure projects including airports, energy, highways, urban infrastructure other projects through its various subsidiaries.

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