GMR Infrastructure gains despite reporting consolidated net loss of Rs 561 crore in Q3

15 Feb 2019

GMR Infrastructure is currently trading at Rs. 14.95, up by 0.20 points or 1.36% from its previous closing of Rs. 14.75 on the BSE.

The scrip opened at Rs. 14.40 and has touched a high and low of Rs. 15.20 and Rs. 14.15 respectively. So far 1078409 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 21.50 on 03-Sep-2018 and a 52 week low of Rs. 13.45 on 05-Feb-2019.

Last one week high and low of the scrip stood at Rs. 15.20 and Rs. 14.05 respectively. The current market cap of the company is Rs. 9023.74 crore.

The promoters holding in the company stood at 63.11%, while Institutions and Non-Institutions held 26.50% and 10.09% respectively.

GMR Infrastructure has reported a net profit of Rs 776.45 crore for the quarter ended December 31, 2018 against net loss of Rs 570.83 crore for the same quarter in the previous year. Total income of the company decreased by 14.38% at Rs 267.07 crore for Q3FY19 as compared Rs 311.92 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 561.04 crore for the quarter against net loss of Rs 578.40 crore for the same quarter in the previous year. Total income of the company decreased by 6.89% at Rs 2,119.87 crore for Q3FY19 as compared Rs 2,276.78 crore for the corresponding quarter previous year.

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GMR Infrastructure Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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