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GMR Infrastructure today reported a consolidated net loss of Rs 953.5 crore for the quarter ended March 31, 2016.
The company had posted a net loss of Rs 891.9 crore in the year-ago period.
Total income from operations rose 29.12 per cent to Rs 3,708.37 crore during the quarter from Rs 2,872.01 crore in the year-ago period, the company said in a regulatory filing.
During the entire 2015-16 fiscal, the company’s net loss stood at Rs 2,161 crore against Rs 2,733.29 crore in the previous financial year.
Net sales stood at Rs 13,248.18 crore (Rs 10,935.25 crore).
GMR Group is a leading global infrastructure conglomerate with interests in airport, energy, transportation and urban infrastructure.
Shares of GMR Infrastructure were trading at Rs 11.10 a piece, down 3.48 per cent, on the BSE in the afternoon session.
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