10 August 2011

GMR Infra Q1 cons net loss


GMR Infrastructure has reported a consolidated net loss of Rs 66.7 crore in the first quarter of FY12 as against profit of Rs 28 crore in the corresponding quarter last fiscal.
Consolidated net sales jumped 51.4% to Rs 1,864 crore in the April-June quarter of 2011 from Rs 1,231 crore in the year ago period.
EBITDA went up 32% to Rs 498 crore from Rs 377 crore year-on-year.
However, EBITDA margin of the company declined to 26.72% in the quarter ended June 2011 from 30.65% in the corresponding quarter last fiscal.

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