GMR Infrastructure Ltd has posted a loss of Rs. 561 crore for the third quarter ended December 31, against a loss of Rs. 578 crore for the corresponding quarter of the previous financial year, on a consolidated basis.
The diversified infrastructure company posted gross revenues of Rs. 1,958 crore ( Rs. 2,072 crore).
Nine-month result
For the nine months ended December 2018, the company posted a loss of Rs. 1,114 crore ( Rs. 1,096 crore) and gross revenue of Rs. 5,609 crore ( Rs. 6612 crore).
The GMR Infra management said it will go for a restructuring for unlocking value in the airports vertical, land monetisation at Delhi airport, and resolution of stressed assets.
