GMR infra Q4 net up 37%, to raise Rs 5k cr

GMR Infrastructure has posted a 37 per cent growth in its consolidated net profit at Rs 73 crore for the fourth quarter ended March, 2010, as against Rs 53 crore in the same quarter a year earlier.

GMR Infrastructure has posted a 37 per cent growth in its consolidated net profit at Rs 73 crore for the fourth quarter ended March, 2010, as against Rs 53 crore in the same quarter a year earlier.

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The company also plans to raise Rs 5,000 crore by selling shares in domestic as well as international markets. The board at its meeting on Monday decided to raise the amount by issuing equity shares, Global depository receipts, American depository receipts, foreign currency convertible bonds.