Mumbai: Realty firm GMR Infrastructure has reported a 9.71% decline in consolidated profit after tax at Rs41.90 crore for the first quarter ended 30 June, over the corresponding period a year ago.
“The company had a PAT of Rs46.41 crore in the first quarter of FY08,” GMR Infrastructure said in a filing to the Bombay Stock Exchange.
The Bangalore-based company’s consolidated income rose to Rs892.33 crore in Q1FY09, from Rs483.14 crore in the same period previous fiscal.
On a standalone basis, the company reported a first quarter net profit of Rs41.89 crore, a 57-fold jump in the corresponding period a year ago. It had a net profit of Rs0.73 crore in the first quarter of FY08.
Total income rose to Rs55.87 crore in the recently concluded quarter, from Rs7.07 crore in Q1FY08.
Shares of GMR Infra were trading at Rs86.65, up 2.06% in the early morning trade on the BSE.