GMR Infrastructure today reported narrowing of its standalone net loss to Rs 819.53 crore for the quarter ended March 2018.
The company had posted a net loss of Rs 2,478.78 crore in the corresponding period a year ago.
Total revenue in the quarter under review stood at Rs 321.29 crore as compared to Rs 272.47 crore in the year-ago period, GMR Infrastructure said in a regulatory filing.
During the quarter, the company reported provision for diminution in value of investments and advances in subsidiaries of Rs 662.50 crore as against a provision of Rs 2,357.68 crore made in the last quarter of 2016-17.
GMR Group has interests in airport, energy, transportation and urban infrastructure.
The stock was trading 2.47 per cent lower at Rs 17.80 apiece on BSE.
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