Construction firm GMR Infrastructure today posted a 385 per cent increase in its net loss to Rs 107.96 crore for the quarter ended December 31 as compared to Rs 22.25 crore loss in the same period last fiscal, mainly on the back of losses incurred by its Delhi Airport project.
However, the company’s net sales from operations for the period grew by 47.1 per cent to Rs 1,999.30 crore, as against Rs 1,358.78 crore in the corresponding period last year.
From: http://ping.fm/IvwB8
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