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GMR Infrastructure reports consolidated net loss at Rs 136.6 crore

14 Aug 2017 Evaluate

GMR Infrastructure has reported results for first quarter ended June 30, 2017.

The company has reported a net loss of Rs 263.98 crore for the quarter under review as against a net loss of Rs 123.06 crore for the same quarter in the previous year.  The total income of the company decreased by 12.59% at Rs 320.25 crore for Q1FY18 as compared Rs 366.39 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported a net loss of Rs 136.60 crore for the quarter ended June 30, 2017 as against a net loss of Rs 235.08 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased by 41.39% at Rs 3274.31 crore for quarter under review as compared to Rs 2315.86 crore for the same quarter in the previous year.


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