GMR Infrastructure Q1 net loss shrinks to Rs 429 cr

NEW DELHI, Aug 14:  GMR Infrastructure’s consolidated net loss narrowed to Rs 429.45 crore for the June quarter.
It had reported a net loss of Rs 593.2 crore a year ago.
GMR Infrastructure’s net sales in the quarter under review rose to Rs 2,928.22 crore, up 8.47 per cent, as against Rs 2,699.38 crore in the same quarter a year earlier, GMR Infrastructure said in a BSE filing.
Overall expenses in the quarter remained flat at Rs 2,565.11 crore compared with Rs 2,571.75 crore in the year-ago period.
(PTI)