GMR Infra Q4 loss lowers to Rs 725 crore; gross revenue at Rs 2,321 Cr
Diversified conglomerate GMR Infrastucture has posted a consolidated loss of Rs 725 crore for the January to March quarter as compared to a loss of Rs 1,127 crore in the year-ago period.
It posted gross revenue of Rs 2,321 crore in Q4 FY21 as against Rs 2,349 crore in Q4 FY20.
In the entire fiscal 2020-21, the company posted higher total loss of Rs 3,428 crore and lower revenue at Rs 6,229 crore as against a loss of Rs 2,198 crore and revenue of Rs 8,556 crore in 2019-20.
GMR Infra has interests in airports, energy, transportation and urban infrastructure. Its overall performance has been hit due to COVID-19 pandemic.
