Friday, November 11, 2011

GMR Infra posts net loss at Rs 62.5 cr in Q2

GMR Infrastructure has reported a consolidated net loss of Rs 62.5 crore in the second quarter of FY12 as against profit of Rs 62 crore in the corresponding quarter of last fiscal.

In the previous year, reported profit after tax of the company included exceptional items of Rs 140 crore.

Consolidated net sales jumped 48.31% to Rs 1,812.3 crore in the July-September quarter of FY12 versus Rs 1,222 crore in a year ago period.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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