GMR Infrastructure Q1 net loss shrinks to Rs 429 crore
GMR Infrastructure's net sales in the quarter under review rose to Rs 2,928.22 crore a against Rs 2,699.38 crore in the same quarter a year earier.
By PTI | Updated:
NEW DELHI: GMR Infrastructure's consolidated net loss narrowed to Rs 429.45 crore for the June quarter.
It had reported a net loss of Rs 593.2 crore a year ago.
GMR Infrastructure's net sales in the quarter under review rose to Rs 2,928.22 crore, up 8.47 per cent, as against Rs 2,699.38 crore in the same quarter a year earlier, GMR Infrastructure said in a BSE filing.
Overall expenses in the quarter remained flat at Rs 2,565.11 crore compared with Rs 2,571.75 crore in the year-ago period.
The stock was trading at Rs 13.17 on BSE, up 2.49 per cent.
It had reported a net loss of Rs 593.2 crore a year ago.
GMR Infrastructure's net sales in the quarter under review rose to Rs 2,928.22 crore, up 8.47 per cent, as against Rs 2,699.38 crore in the same quarter a year earlier, GMR Infrastructure said in a BSE filing.
Overall expenses in the quarter remained flat at Rs 2,565.11 crore compared with Rs 2,571.75 crore in the year-ago period.
The stock was trading at Rs 13.17 on BSE, up 2.49 per cent.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
FirstCry shares fall 3% despite Q4 net loss narrowing to Rs 30 crore. What is Morgan Stanley saying?ADVERTISEMENT
