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GMR Infrastructure’s Q2 consolidated net loss narrows to Rs 219 crore

GMR Infrastructure has reported results for second quarter ended September 30, 2018.

The company has reported net loss of Rs 106.62 crore for the quarter under review as compared to net loss of Rs 276.41 crore for the same quarter in the previous year. However, total income of the company increased by 35.68% at Rs 279.51 crore for Q2FY19 as compared Rs 206.00 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 218.86 crore for the quarter under review as compared to net loss of Rs 404.46 crore for the same quarter in the previous year. However, total income of the company increased by 2.26% at Rs 2,025.72 crore for Q2FY19 as compared Rs 1,980.92 crore for the corresponding quarter previous year.

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