GMR Infra Q1 consolidated net flat

Bangalore-based GMR Infrastructure, a company focussed on airports, power and roads, has reported a flat consolidated net profit at Rs 46.41 crore for the quarter ended June 30, 2007 when compared with Rs 46.62 crore for Q1FY07.

According to an official release issued by the company to the BSE today, total income has increased by 21% to Rs 495.76 crore from Rs 410.95 crore in Q1FY07.

On a stand-alone basis, the company has posted a net profit of Rs 73 lakh for Q1FY08 as compared to a net loss of Rs 9.05 crore for Q1FY07. Total income has increased to Rs 7.07 crore from Rs 23 lakh in Q1FY07.