GMR Infrastructure has reported a standalone net loss of Rs 381.93 crore for the quarter ended December 2016. The company posted a net profit of Rs 40.01 crore in the corresponding quarter of the 2015-16, it said in a BSE filing. Total income from operations declined to Rs 216.25 crore during the quarter as against Rs 294.48 crore in the year-ago period.
Total expenses went up to Rs 103.52 crore during the quarter under review as against Rs 36.29 crore in the corresponding quarter a year-ago.
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