GMR Infrastructure Ltd has posted a loss of Rs 892 crore for the fourth quarter ended March 31, against a profit of Rs 1,170 crore for the corresponding quarter last year. The diversified infrastructure company has recorded gross revenue of Rs 2,913 crore for the quarter compared with Rs 2,961 crore a year ago.
For the financial year ended March 31, the company´s loss stood at Rs 2,733 core on revenue of Rs 11,088 crore. In the previous fiscal, it had reported a profit of Rs 10 crore on revenue of Rs 10,653 crore. Providing business details, the company stated that the gross revenue for FY2015 was up four per cent, aided by an improved performance by the energy sector.
Leave a Reply
You must be logged in to post a comment.