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GMR Infra reports Rs 892 crore net loss in Q4

GMR Infrastructure has posted a consolidated net loss of Rs 892 crore for the March 31, 2015 quarter.

In a filing to a stock exchange, GMR’s income from operations for the January-March quarter declined to Rs 2,872 crore as against Rs 2,930 crore in the year-ago period. Its total expenditure stood at Rs 2,648 crore during the quarter under review, as against Rs 2,707 crore in the same period of the previous fiscal. For the financial year 2014-15, GMR Infra recorded consolidated net loss of Rs 2,733 crore. It had recorded a profit of Rs 10 crore in 2013-14.

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