GMR Infrastructure has formed new subsidiary namely -- Asteria Real Estates -- in accordance with the provisions of the Companies Act, 1956. The existing company's subsidiaries are GMR Energy, GMR Power Corporation, GMR Vemagiri Power Generation, GMR Energy Trading, GMR (Badrinath) Hydro Power Generation, GMR Mining and Energy, GMR Kamalanga Energy etc.
The company is the infrastructure holding company formed to fund the capital requirements of various infrastructure projects in the Group’s Energy, Highways and Airport and SEZ sectors. It undertakes the development of the infrastructure projects through its various subsidiaries.
On consolidated basis, the Group’s net loss after taxes and minority interest stood at Rs 603.34 crore for the year under review as compared to net loss of Rs 929.64 crore for the period ago. However, its total income has increased by 28.63% to Rs 8716.45 crore for the year ended March 31, 2012 from Rs 6776.56 crore in the previous year.
| Company Name | CMP |
|---|---|
| Dreamfolks Services | 71.74 |
| GMR Airports | 113.40 |
| Vardhman Airport Sol | |
| View more.. | |
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