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GMR Infrastructure reports Q4FY13 consolidated net profit of Rs 579.17 crore

01 Jun 2013 Evaluate

GMR Infrastructure has reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a net profit of Rs 71.43 crore in Q4FY13 as compared to net loss of Rs 38.52 crore in the same quarter previous year. However, total income from operations of the company has decreased by 13.14% to Rs 322.14 crore as compared to Rs 370.86 crore in corresponding quarter last year.

On consolidated basis, The company has reported a net profit of Rs 579.17 crore in Q4FY13 as compared to net loss of Rs 366.16 crore in the same quarter previous year. Total income from operations of the company has increased by 21.47% to Rs 2592.52 crore as compared to Rs 2134.35 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 55.57% fall in its net profit at Rs 53.45 crore in FY13 as against Rs 120.30 crore in previous years.  However, total income from operation of the company has increased to Rs 1432.79 crore as compared to Rs 1381.87 crore in FY12, up by 3.68%.

On consolidated basis, for the year ended March 31, 2013, the company has reported a net profit of Rs 88.12 crore in FY13 as against a net loss of Rs 603.34 crore in previous years.  Total income from operations of the company has increased to Rs 9974.86 crore as compared to Rs 8473.03 crore in FY12, up by 17.72%.

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