GMR Power Reports Rs 249 Cr Profit in Q2 FY25

Oct 25, 2024 20:08

GMR Power And Urban Infra Limited reported a net profit of Rs 249.56 crore for the September quarter FY25, driven by a surge in income. The company had posted a loss in the same period last year.

New Delhi, Oct 25 (PTI) GMR Power And Urban Infra Limited on Friday reported a net profit of Rs 249.56 crore for September quarter FY25, on account of a surge in income.

It had posted a loss of Rs 123.27 crore in the July-September period of FY24, the company said in an exchange filing.

Total income more than doubled to Rs 1,507.49 crore from Rs 678.62 crore in the year-ago quarter. Expenses too rose to Rs 972.66 crore from Rs 505.14 crore.

GMR Power And Urban Infra is a part of GMR Group. It holds expertise in sectors of energy, urban infrastructure, and transportation.

Source: PTI

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GMR Power Reports Rs 249 Cr Profit in Q2 FY25

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