GMR Infrastructure has reported unaudited results for the first quarter ended June 30, 2011.
The company reported a net profit of Rs 24.49 crore for the quarter ended June 30, 2011 as compared to a net loss of Rs 6.96 crore for the corresponding quarter last year. Its total income has soared 243.42% at Rs 267.94 crore for the quarter under review from Rs 78.02 crore for the same quarter last year.
On consolidated basis, the Group has posted a net loss after tax and minority interest and share of profit from associates of Rs 66.69 crore as compared to a net profit of Rs 28.44 crore for the quarter ended June 30, 2010. Its total Income has increased by 46.28% at Rs 1944.74 crore for the quarter under review as compared to Rs 1329.48 crore for the similar quarter of the previous year.
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