GMR Infra posts Q3 loss of Rs 108 cr on high interest, depreciation

Subscribers:
134,000
Published on ● Video Link: https://www.youtube.com/watch?v=U7DgvWhoXDs



Duration: 4:56
145 views
1


A Subba Rao, Group CFO of GMR Infrastructure spoke to NDTV Profit on its Q3 results which saw a rise in income to Rs 1,999.3 cr and a net loss of Rs 107.95 cr on year on year basis on the back of high interest and depreciation charges. It also posted a forex loss of Rs 20 crore as against a profit of Rs 13.78 cr last year.




Other Videos By NDTV Profit Markets


2012-02-11Money Mantra: Is India seeing jobless growth?
2012-02-10Anant Raj Q3 income declines to Rs 92.15cr; PAT down to Rs 31.29cr
2012-02-10Gross debt at Rs 1,400 cr; sales guidance revised to 21mn sq ft: Ansal Properties
2012-02-10December IIP: Impact on rupee, bond market
2012-02-10Orbit Group Q3 profit down 20% on high interest costs
2012-02-09Will open 85 more stores: Jubiliant Foodworks
2012-02-09Expect 100 bps repo rate cut; 50 bps CRR cut: UBS Securities
2012-02-09Double whammy for auto sector: Car sales slide; EU-FTA to hit auto
2012-02-09See IT industry growth at 11-14% in FY 13: Nasscom
2012-02-08State elections, Greece pose risk for Indian rupee: HDFC Bank
2012-02-08GMR Infra posts Q3 loss of Rs 108 cr on high interest, depreciation
2012-02-08Mahindra unveils new Xylo
2012-02-08TCS, Mitsubishi sign deal to provide IT services in Japan
2012-02-07Capex guidance for FY'12 cut down to Rs 300 cr on poor demand: Concor
2012-02-07Renewed confidence on capex front may boost market: Standard Chartered Securities
2012-02-07Experts on GDP growth estimates and stock market correction
2012-02-07Experts discussed GDP growth estimate of 6.9%; slowest since FY'09
2012-02-07FII inflows will help sustain market rally: Religare Capital
2012-02-07HUL Q3: Cut in expenditure helped overset rupee depreciation, price rise, says Sharekhan
2012-02-07Fall in interest rates to boost demand for property: Adi Godrej
2012-02-07Euro declines against 15 currencies; Crude at week's high



Tags:
Corporates
Subba
Rao
GMR
Infrastructure
Q3
results
earnings
financial
quarterly
interest
depreciation
forex
NDTV
Profit