GMR Power And Urban Infra Q2 net profit jumps to Rs 1,083 crore
- Country:
- India
GMR Power And Urban Infra Ltd on Friday reported a more than four-fold rise in consolidated net profit at Rs 1,082.70 crore for the quarter ended September.
The company had posted a consolidated net profit of Rs 248.95 crore in the year-ago period, GMR Power And Urban Infra said in a filing to BSE.
The consolidated income of the company during the second quarter of the current fiscal increased to Rs 1,626.90 crore compared to Rs 1,086.44 crore in the year-ago period.
However, on a standalone basis, the company reported a loss of Rs 46.40 crore in the latest September quarter.
It had posted a standalone profit of Rs 509.30 crore in the year-ago period.
The company is into the business of engineering, procurement and construction.
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