New Delhi: GMR Infrastructure, a diversified group with interest in energy and airport sectors, saw its net loss on consolidated basis widen to Rs 953.5 crore on higher expenses during the fourth quarter ended March 31, 2015-16.
The company had clocked net loss after tax, minority interest and share of loss of associates at Rs 891.90 crore in the corresponding quarter of the 2014-15 fiscal.
Its total income from operations rose 28.27 per cent to Rs 3,736.68 crore, from Rs 2,912.91 crore in the year-ago period, GMR said in a regulatory filing to BSE.
For the entire 2015-16, the company's net loss stood at Rs 2,161 crore, as against Rs 2,733.29 crore in the previous fiscal. It total income from operations rose to Rs 13,357.66 crore last fiscal, from Rs 11,087.68 crore.
The company said in a statement that there is a significant improvement in EBIDTA - increase of 67 per cent to Rs 4,264 crore last fiscal, from Rs 2,555 cr in 2014-15.
31/05/16 PTI/Business Standard
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The company had clocked net loss after tax, minority interest and share of loss of associates at Rs 891.90 crore in the corresponding quarter of the 2014-15 fiscal.
Its total income from operations rose 28.27 per cent to Rs 3,736.68 crore, from Rs 2,912.91 crore in the year-ago period, GMR said in a regulatory filing to BSE.
For the entire 2015-16, the company's net loss stood at Rs 2,161 crore, as against Rs 2,733.29 crore in the previous fiscal. It total income from operations rose to Rs 13,357.66 crore last fiscal, from Rs 11,087.68 crore.
The company said in a statement that there is a significant improvement in EBIDTA - increase of 67 per cent to Rs 4,264 crore last fiscal, from Rs 2,555 cr in 2014-15.
31/05/16 PTI/Business Standard
