GMR Infra Q1 net profit dips 70% to Rs22 cr

GMR Infra Q1 net profit dips 70% to Rs22 cr
PTI
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First Published: Sat, Aug 01 2009. 04 15 PM IST
Updated: Sat, Aug 01 2009. 04 15 PM IST
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.
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First Published: Sat, Aug 01 2009. 04 15 PM IST