GMR Power Reports Rs 249 Cr Profit in Q2 FY25
By Rediff Money Desk, New Delhi 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.
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
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.72 (+ 10.60)
- 145467340
- Srestha Finvest
- 0.58 ( -4.92)
- 59276984
- YES Bank Ltd.
- 20.24 (+ 5.36)
- 20445317
- Murae Organisor
- 2.42 (+ 10.00)
- 16103908
- GTL Infrastructure
- 2.07 (+ 2.48)
- 15678391
MORE NEWS
TCS Wins Defence Pension Processing Contract...
TCS has secured a 3-year extension of its contract to process pensions for 30 lakh...
Simaero to Open Flight Simulator Training...
French company Simaero will open a flight simulator training center in New Delhi, India...
Adani Group: No Impact from TotalEnergies'...
Adani Group says TotalEnergies' decision to pause investments won't impact operations,...