GMR Infra reports Q1 loss of Rs 335 crore

GMR Infrastructure has posted a loss of Rs 334.85 crore for the first quarter ended June 30, 2019 as against a loss of Rs 237.63 crore during the corresponding quarter of last year on a consolidated basis.

The total income of the diversified infrastructure company was at Rs 2,205.91 crore during the first quarter as against Rs 1867.24 crore in the corresponding quarter of the previous financial year.

GMR Infra’s airports business performed well- reported a profit of Rs 457.67 crore and revenue of Rs 1,441.60 crore, as against a profit of Rs 276.55 crore and revenue of in Rs 1,246.77 crore it logged in the corresponding period last year.