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GMR Infrastructure Q1 net loss restricts to Rs 429 crore

Picture Source: Internet

The consolidated net loss of GMR Infrastrure narrowed to Rs 429.45 crore for the June quarter.

A year ago, the company had posted a net loss of Rs 593.2 crore.

The company said in a BSE filing that 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.

Overall expanses remained flat at Rs 2,565.11 crore in the quarter as compared to Rs 2,571.75 crore of last year.

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