Page 3 - Gmr Infrastructure

GMR's net loss widens to Rs 457 crore in Q2, revenue at Rs 2,018 crore

Revenues from the Airports segment stood at Rs 1,494. 7 crore against Rs 1,315.5 crore in the second quarter of FY19

Adani, GMR Infra, Fairfax in race to build international airport in Jewar

GMR has right of first refusal if its bid is equal to or less than 10% of the highest

JSW Energy in talks to buy GMR's Odisha power plant for undisclosed sum

If concluded, JSW Energy will acquire a power plant after more than four years. It last purchased two hydro power assets from Jaiprakash Power Ventures for Rs 9,700 crore

GMR aims to boost international airport business, from Europe to Indonesia

Bids for airports in Thailand, Indonesia, will sell four road projects

GMR Airports to raise Rs 650 cr via bonds by September end to pay off debt

Investment from Tata, Singapore wealth fund now delayed till December

GMR Infrastructure takes Rs 2,212 crore impairment on two power plants

GMR Rajahmundry Energy has implemented a debt resolution plan, after approval from all its lenders

GMR Infrastructure suffers Rs 2,341-cr loss in Q4 due to impairment hit

The company reported Rs 4.81 crore profit after tax during the same quarter in FY18.

GMR Hyderabad International Airport divests stake in flight training arm

APFTAL, engaged in the business of providing flight training, had reported a turnover of Rs 4.72 crore for the nine month period ended December 31, 2018

GMR, GVK, Doit Smart Infra file bids for Bhogapuram airport project in AP

These three firms are among the seven applicants short-listed for participating in the process

GMR Infra seals deal with three PE investors, gives 5.8% in airport firm

The immediate cash payout works out to around Rs 15 billion, as the three investors are to give new loans of Rs 20.05 billion as part of the transaction

GMR Infrastructure Q1 net loss widens to Rs 2.35 bn; income at Rs 16.5 bn

Revenue from airports business was at Rs 12.46 billion as against Rs 18.92 billion in the same period last fiscal

GMR forays into seaports, to build green-field commercial port at Kakinada

BS ReporterHyderabad, 28 June: GMR Infrastructure Limited has been awarded a green-field commercial port at Kakinada abutting the over 10,000-acre Kakinada SEZ controlled by the group. The company said it was made a successful bid to develop the port through Swiss Challenge mode under the revenue sharing model."The port is located at one of strategic nodes of the Vizag-Chennai Industrial Corridor and is expected to benefit from the associated corridor developments. Given the strategic location, the port is expected to become the gateway to the East Coast of India. Once operational, the port will have initial capacity of 16 million tonnes,"the company said in a statement.Under the terms of agreement, the port operator has to pay 2.7 percent of gross revenues as a share to Andhra Pradesh government for a period of 30 years. The government has agreed to provide external infrastructure, namely road infrastructure connecting to the nearest highway to the port boundary, water supply up to ..

GMR Infrastructure posts consolidated net loss of Rs 5.66 bn in Q3

GMR Group is a leading global infrastructure conglomerate with interests in the airport, energy, transportation and urban infrastructure

GMR Infra net loss narrows to Rs 276 cr in Q2

GMR Infra's total revenue declined to Rs 206 crore as against over Rs 331.22 crore a year ago

All business activities, investments in compliance with tax laws: GMR Infra

Group has not involved in or made any attempts of tax avoidance in any country

GMR Infrastructure to seek shareholders' nod to raise up Rs 2,500 crore

GMR Group is a leading global infrastructure conglomerate

GMR, four others other bid for operating Belgrade airport

Serbia expects the deal to be worth around 400 million euros

GMR Infra sees turnaround in FY17 after airport business picks up

The company clocked a PAT of Rs 9 cr in FY17 from a loss of Rs 2,664 cr in FY16

GMR Infrastructure surges on significant reduction in FY17 debt

Gross debt for the company came down to Rs 19,856 crore in FY17 from Rs 37,480 crore last year

Lenders get majority stake in GMR's Chhattisgarh unit

Of the total debt of Rs 8,800 cr, debt to the extent of Rs 2,992 cr has been converted into equity