GMR's Q4 net down 94 percent at Rs 4.87 cr

Image
Press Trust of India Hyderabad
Last Updated : May 31 2018 | 10:55 AM IST

GMR Infrastructure Limited today said its consolidated profit after tax was at Rs 4.87 crore down by nearly 94 per cent when compared to the same quarter previous fiscal.

The company reported Rs 78.77 crore profit during Q4 of FY17.

According to a filing with BSE, the company saidthe total income for the quarter under discussion was down by 23 per cent to Rs 2,235 crore against Rs 2902.5 crore in the same quarter in FY17.

For the full year 2017-18 was at Rs 9274.3 crore against Rs 10039 crore during the previous year.

The company suffered Rs 1114.6 crore against Rs 347.5 crore in 2016-17, GMR said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 31 2018 | 10:55 AM IST

Next Story