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GMR Infrastructure net loss widens to Rs 750 cr in September quarter

Total income declined to Rs 1,448 crore during the quarter under review as compared with Rs 2,164 crore in the corresponding quarter of preceding fiscal

GMR

Press Trust of India New Delhi

GMR Infrastructure Ltd on Tuesday reported widening of its consolidated net loss to Rs 750 crore during the quarter ended September 30, 2020.

The company had posted a net loss of Rs 458 crore during the same quarter a year ago, GMR Infrastructure said in a BSE filing.

Total income declined to Rs 1,448 crore during the quarter under review as compared with Rs 2,164 crore in the corresponding quarter of preceding fiscal.

Total expenses stood at Rs 2,270 crore as against Rs 2,448 crore in July-September quarter of 2019-20.

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 10 2020 | 10:59 PM IST

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