GMR Infra Q4 net loss widens to 953.50 cr

NEW DELHI: GMR Infrastructure’s consolidated net loss widened to Rs 953.5 crore on higher expenses during the January-March quarter, against Rs 891.90 crore in the

NEW DELHI: GMR Infrastructure’s consolidated net loss widened to Rs 953.5 crore on higher expenses during the January-March quarter, against Rs 891.90 crore in the same period last year. Total income from operations rose 28.27% to Rs 3,736.68 crore, compared to Rs 2,912.91 crore in the year-ago period. For 2015-16, the company’s net loss stood at Rs 2,161 crore against Rs 2,733.29 crore in the previous fiscal.

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