GMR Infrastructure today reported a consolidated net loss of Rs 565.94 crore for the quarter ended December 31, 2017.
The company had clocked a net profit of Rs 643.44 crore in the corresponding quarter of 2016-17, it said in a BSE filing.
Total income from operations declined to Rs 2,295.83 crore during the quarter under review as against Rs 2,587.26 crore in the year-ago period.
Total expenses declined to Rs 2,487.90 crore as against Rs 2,623.74 crore in the corresponding quarter a year ago.
GMR Group is a leading global infrastructure conglomerate with interests in airport, energy, transportation and urban infrastructure. Read More…
Latest posts by outlookindia (see all)
- Brent crude oil rises back to $60 per barrel - January 9, 2019
- Persuade states not to impose water cess on hydro power plants: Par panel to Power Min - January 5, 2019
- IOC to commission Ennore LNG terminal this month - January 2, 2019