GMR Infra posts Q3 net loss of Rs 22.25 cr | business | Hindustan Times
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GMR Infra posts Q3 net loss of Rs 22.25 cr

GMR Infrastructure on Thursday reported a net loss of Rs 22.25 crore for the quarter ended December 31, 2010.

business Updated: Feb 10, 2011 10:35 IST

GMR Infrastructure on Thursday reported a net loss of Rs 22.25 crore for the quarter ended December 31, 2010.

The company had registered a net profit of Rs 9.20 crore in the October-December quarter last fiscal, GMR Infra said in a filing to the Bombay Stock Exchange.

Income from operations of the company, however, rose to Rs 1,358.78 crore in the third quarter from Rs 1,066.72 crore in the year-ago period, the filing added.

Despite reporting weak third quarter numbers, shares of GMR Infra were trading 4.25 per cent higher at Rs 33.10 apiece on the BSE on Thursday.