GMR Infra posts consolidated loss at Rs 108 cr in Q3

54003 Investors following GMR Infra. Share this News with them.

0

Like this story, share it with millions of investors on M3

GMR Infra posts consolidated loss at Rs 108 cr in Q3

Construction company GMR Infrastructure reported a consolidated net loss of Rs 108 crore in October-December quarter of FY12 as against a loss of Rs 22 crore in the corresponding quarter of last fiscal.

Post your opinion here

 

0

Tweet

Share on Tumblr

ALSO READ News and Notices about GMR Infra See interviews with GMR Infra Management See what other Experts & Brokerages are saying about GMR Infra See previous Results of GMR Infra

Construction company GMR Infrastructure reported a consolidated net loss of Rs 108 crore in October-December quarter of FY12 as against a loss of Rs 22 crore in the corresponding quarter of last fiscal.

Consolidated net sales rose 47% to Rs 1,999 crore from Rs 1,359 crore year-on-year.

Company showed better performance at EBITDA level, which went up 17.85% to Rs 449 crore in the third quarter of FY12 versus Rs 381 crore in a year ago quarter.

Interest cost increased 32% to Rs 424 crore from Rs 321 crore during the same period.