G M R Infrastructure said its net loss for the quarter ended June 2016 has widened to Rs 1,230.60. It reported a net loss of Rs 13.30 million in the same quarter last year.
Revenues for the quarter rose 34.20% to Rs 3,612.60 million, compared with Rs 2,692 million for the prior year period.
Operating margin for the quarter stood at 78.72 percent as compared to 87.84 percent for the previous year period. Operating Income for the quarter was Rs 2,843.80 million, compared with Rs 2364.5 million in the previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Jun - 16 | Jun - 15 | %Change |
| Revenues | 3,612.60 | 2,691.90 | 34.20 |
| Net Profit | (1,230.60) | (13.30) | - |
| Diluted EPS | (0.20) | NA | |
Shares of the company declined Rs 0.31, or 2.13%, to trade at Rs 14.25. The total volume of shares traded was 1,141,354 at the BSE (3.10 p.m., Thursday).
