Active Stocks
Thu Mar 28 2024 14:29:24
  1. Tata Steel share price
  2. 156.40 2.32%
  1. ITC share price
  2. 432.80 1.12%
  1. HDFC Bank share price
  2. 1,456.05 1.07%
  1. Power Grid Corporation Of India share price
  2. 278.85 2.88%
  1. State Bank Of India share price
  2. 758.30 3.30%
Business News/ Companies / GMR Infra Q1 net profit dips 70% to Rs22 cr
BackBack

GMR Infra Q1 net profit dips 70% to Rs22 cr

GMR Infra Q1 net profit dips 70% to Rs22 cr

Premium

Mumbai: Infrastructure company GMR Infrastructure on Saturday said its consolidated net profit declined by 69.92% to Rs22.53 crore for the first quarter ended June 2009, over the same period last year.

Its net sales rose to Rs1,177.52 crore in the latest quarter, against Rs885.47 crore in the same quarter a year ago, GMR Infrastructure said in a filing to the Bombay Stock Exchange.

On a standalone basis, the company has posted a decline of 91.50% in net profit of Rs3.56 crore for the quarter ended June, over the same period last year.

Total income declined to Rs17.48 crore in the latest quarter against Rs55.44 crore in the same period last year.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 01 Aug 2009, 04:15 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App

Chat with MintGenie