GMR Power Reports Rs 249 Cr Profit in Q2 FY25
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.
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