GMR Infra Q1 loss widens to Rs 943 mn

GMR Infrastructure, infrastructure holding company, has posted a consolidated net loss of Rs 943 million for the quarter ended June 30, 2012 as against a net loss of Rs 666.9 million in the same period last year.
Total consolidated income has increased 23.17% from Rs 21.71 billion for the quarter ended June 30, 2011 to Rs 26.74 billion for the quarter ended June 30, 2012.
Commenting on the performance during the quarter, G M Rao, group chairman, said, ``During the quarter DIAL has implemented the new tariff for aero charges as approved by AERA which has improved the overall performance of DIAL and consequently our Airport sector.
10/08/12 Myiris

To Read the News in full at Source, Click the Headline

Categories: airports Aug 2012