GMR Infra reports consolidated net loss of Rs 94.30 crore in Q1

GMR Infrastructure has reported results for first quarter ended June 30, 2012.

The company has reported a fall of 26.46% in its net profit at Rs 18.01 crore for the quarter under review as compared to Rs 24.49 crore for the same quarter in the previous year. However, the total income of the company has increased by 92.60% at Rs 516.04 crore for Q1FY13 as compared Rs 267.94 crore for the corresponding quarter previous year.

The company, on consolidated basis, has reported a net loss after tax and minority interest of Rs 94.30 crore for the quarter under review as compared to a net loss after tax and minority interest Rs 66.69 crore for the same quarter in the previous year. However, the total income of the company has increased by 23.17% at Rs 2674.06 crore for Q1FY13 as compared Rs 2171.00 crore for the corresponding quarter previous year.