GMR to recoup losses after airport tariff hike:Subba Rao

GMR Infrastructure announced its September quarter results on Friday. While the company posted a 48% increase in its revenues Year-on-Year, it recorded a net loss of Rs 63 crore versus Rs 71 crore net profit.

November 14, 2011 / 11:34 IST

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Moneycontrol Bureau

GMR Infrastructure announced its September quarter results on Friday. While the company posted a 48% increase in its revenues Year-on-Year, it recorded a net loss of Rs 63 crore versus Rs 71 crore net profit.

Explaining what went wrong during the quarter under review, A Subba Rao, chief financial officer at the company told moneycontrol.com,

first published: Nov 12, 2011 12:44 pm

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