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GMR Infrastructure consolidated net profit declines 93.82% in the March 2018 quarter

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Capital Market

Sales decline 21.30% to Rs 2060.06 crore

Net profit of GMR Infrastructure declined 93.82% to Rs 4.87 crore in the quarter ended March 2018 as against Rs 78.77 crore during the previous quarter ended March 2017. Sales declined 21.30% to Rs 2060.06 crore in the quarter ended March 2018 as against Rs 2617.49 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 1114.59 crore in the year ended March 2018 as against net loss of Rs 347.46 crore during the previous year ended March 2017. Sales declined 8.41% to Rs 8529.19 crore in the year ended March 2018 as against Rs 9312.09 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales2060.062617.49 -21 8529.199312.09 -8 OPM %19.6435.57 -20.2033.97 - PBDT227.291012.82 -78 -40.701801.74 PL PBT-33.42766.50 PL -1069.10783.09 PL NP4.8778.77 -94 -1114.59-347.46 -221

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First Published: May 31 2018 | 3:51 PM IST

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