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GMR Infrastructure reports consolidated net loss of Rs 393.05 crore in Q2

13 Nov 2013 Evaluate

GMR Infrastructure has reported results for the second quarter ended September 30, 2013.

The company has reported a net loss of Rs 28.99 crore for the quarter as compared to a net loss of Rs 23.48 crore for the same quarter in the previous year. Total income of the company has decreased by 52.07% at Rs 164.19 crore for quarter under review as compared to Rs 342.60 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has reported a net loss of Rs 393.05 crore for the quarter as compared to a net loss of Rs 179.30 crore for the same quarter in the previous year. However, total income of the group has increased by 0.85% at Rs 2500.34 crore for quarter under review as compared to Rs 2479.12 crore for the quarter ended September 30, 2012.

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