Sunday, November 27, 2022
Google search engine
HomeMarketResultsGMR Airports Infra posts Rs 546 cr Q2 standalone loss on higher...

GMR Airports Infra posts Rs 546 cr Q2 standalone loss on higher expenses



Infrastructure on Monday posted a standalone complete lack of Rs 546.14 crore within the September quarter, primarily as a consequence of greater bills.


The corporate had a complete complete earnings of Rs 405.16 crore in the identical interval a 12 months in the past, in line with a regulatory submitting.


These figures embody internet loss on honest valuation by way of different complete earnings of fairness securities.


On the standalone foundation, the corporate’s losses from persevering with operations narrowed to Rs 15.60 crore within the second quarter of the present fiscal.


The loss from persevering with operations stood at Rs 26.73 crore within the year-ago interval.


Infrastructure’s whole earnings stood at Rs 26.34 crore within the quarter ended September 2022, greater than Rs 0.36 crore registered in the identical interval a 12 months in the past.


Nevertheless, the whole bills jumped to Rs 41.94 crore within the newest quarter underneath overview from Rs 27.09 crore within the year-ago interval.


The corporate had demerged its non-airport enterprise and later the title was modified to Infrastructure Ltd to mirror it being an airport holding firm.

(Solely the headline and movie of this report might have been reworked by the Enterprise Commonplace workers; the remainder of the content material is auto-generated from a syndicated feed.)



Source link

RELATED ARTICLES
- Advertisment -
Google search engine

Most Popular

Recent Comments