GMR Infra’s loss narrows to Rs 1,127 cr in Q4, revenues up at Rs 1,582.5 cr

GMR Infrastructure Limited’s consolidated net loss for the quarter ended march 31 narrowed to Rs 1,126.82 crore against Rs 2,341.24 crore loss in the January-Marchperiod in FY19, a filing from the company with the bourses said on Thursday.

The consolidated total income for the quarter under discussion was at Rs 2,554.21 crore. It was Rs 2293 crore in Q4FY19, it said.

For the full year FY20, GMR reported a total loss of Rs 2,198.49 crore against Rs 3,466.41 crore in FY19.

Revenues from the airports segment stood at Rs 1,582. 49 crore against Rs 1,389.58 crore in the fourth quarter of FY19, while the power vertical garnered Rs 310.28 crore against Rs 220.41 crore in Q4FY19.

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