{"id":276905,"date":"2019-05-31T06:59:53","date_gmt":"2019-05-31T06:59:53","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276905"},"modified":"2019-05-31T06:59:53","modified_gmt":"2019-05-31T06:59:53","slug":"gmr-infrastructures-q4-loss-reported-at-rs-2341-crore-due-to-impairment-hit","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gmr-infrastructures-q4-loss-reported-at-rs-2341-crore-due-to-impairment-hit\/","title":{"rendered":"GMR Infrastructure&#8217;s Q4 loss reported at Rs 2,341 crore due to impairment hit"},"content":{"rendered":"<p>NEW DELHI\/HYDERABAD: GMR Infrastructure on Thursday posted a consolidated loss of Rs 2,341.25 crore in the March 2019 quarter, mainly due to impairment losses related to some power assets. The diversified group had reported a consolidated profit after tax of Rs 4.81 crore during the corresponding quarter of 2017-18.<\/p>\n<p>Consolidated total income of the group stood at Rs 2,293.63 crore in the latest March quarter compared to Rs 2,234.88 crore in the year-ago period, according to a regulatory filing. GMR booked an impairment loss of Rs 1,242.72 crore in the value of group&#8217;s investment in GMR Energy Ltd and its subsidiaries\/ joint ventures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI\/HYDERABAD: GMR Infrastructure on Thursday posted a consolidated loss of Rs 2,341.25 crore in the March 2019 quarter, mainly due to impairment losses related to some power assets. The diversified group had reported a consolidated profit after tax of Rs 4.81 crore during the corresponding quarter of 2017-18. Consolidated total income of the group stood at Rs 2,293.63 crore in the latest March quarter compared to Rs 2,234.88 crore in the year-ago period, according to a regulatory filing. GMR booked an impairment loss of Rs 1,242.72 crore in the value of group&#8217;s investment in GMR Energy Ltd and its [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,243,143],"tags":[],"class_list":["post-276905","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276905"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276905\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}