GMR Infrastructure reports standalone net loss of Rs 262.46 crore in the March 2015 quarter

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Sales decline 66.76% to Rs 46.47 crore
Net loss of GMR Infrastructure reported to Rs 262.46 crore in the quarter ended March 2015 as against net profit of Rs 209.77 crore during the previous quarter ended March 2014. Sales declined 66.76% to Rs 46.47 crore in the quarter ended March 2015 as against Rs 139.80 crore during the previous quarter ended March 2014.For the full year,net loss reported to Rs 352.65 crore in the year ended March 2015 as against net profit of Rs 165.90 crore during the previous year ended March 2014. Sales declined 64.82% to Rs 164.89 crore in the year ended March 2015 as against Rs 468.67 crore during the previous year ended March 2014.
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First Published: Jun 01 2015 | 8:40 AM IST