GMR Infrastructure Limited’s consolidated net loss for the quarter ended June 30 more than doubled to nearly 834 crore against Rs 336 crore loss in the January-March period in FY20, a filing from the company with the bourses said on Thursday.
The consolidated total income for the quarter under discussion was almost halved to Rs 1,224 crore. It was Rs 2.206 crore in Q1FY29, it said.
Revenues from the Airports segment stood at Rs 494 crore in the first quarter against Rs 1460 crore in the April-June quarter of FY20, while Power vertical garnered Rs 300.59 crore against Rs 116 crore in Q1FY20.
“With the recent and rapid development of the Covid-19 outbreak, many countries have implemented travel restrictions.
