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GMR Infrastructure net loss widens to Rs 441.09 crore in Q3

12 Feb 2014 Evaluate

GMR Infrastructure has reported results for third quarter ended December 31, 2013.

The company has reported a net loss of Rs 30.14 crore for the quarter, as compared to net loss of Rs 12.52 crore for the same quarter in the previous year. Total income of the company has decreased by 46.32% to Rs 154.88 crore for quarter under review as compared to Rs 288.52 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported a net loss after taxes and Minority Interest of Rs 441.09 crore for the quarter as compared to net loss of Rs 217.45 crore for the same quarter in the previous year. However, total income of the group has increased by 13.90% at Rs 2783.54 crore for quarter under review as compared to Rs 2443.93 crore for the quarter ended December 31, 2012.

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