HomeNewsBusinessEarningsGMR Infra posts Q1 loss; sees FY12 revenue at Rs 8000 cr

GMR Infra posts Q1 loss; sees FY12 revenue at Rs 8000 cr

GMR Infra saw onsolidated net sales jump 51.4% to Rs 1,864 crore from Rs 1,231 crore in the year ago period. In an exclusive interview to CNBC-TV18, the management of the company said that improved footfalls at airports aided overall revenue growth.

August 10, 2011 / 16:06 IST
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GMR Infrastructure has reported a consolidated net loss of Rs 66.7 crore in April-June quarter of FY12 due to high interest cost and lower revenues from the Delhi Airport, which it operates. However, consolidated net sales jumped 51.4% to Rs 1,864 crore from Rs 1,231 crore in the year ago period. In an exclusive interview to CNBC-TV18, the management of the company said that improved footfalls at airports aided overall revenue growth.

first published: Aug 10, 2011 01:21 pm

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