Mumbai, August 16, 2017: GMR Infrastructure Ltd has posted consolidated loss of Rs 136.60 crore for the quarter ended June 30,2017 as against Rs 235.08 crore in the previous corresponding quarter. However, total consolidated income of the company increased by 41.39% at Rs 3274.31 crore for quarter under review as compared to Rs 2315.86 crore for the same quarter in the previous year.. company said in afiling with BSE. Delhi airport traffic rose to 15.7 million from 13.8 million (growth of 14 per cent), the Hyderabad airport traffic rose to 4.2 million from 3.5 million (growth of 19 per cent), while the traffic at Cebu airport in Philippines went up to 2.4 million from 2.1 million (growth of 16 per cent) during the quarter., filing said GMR has bagged some prestigious projects. GMR Airports emerged as the successful bidder to develop, operate and manage the new international airport in Greece. GMR has partnered with Greek infrastructure major Terna SA (100 per cent subsidiary of Gek Terna Group) for the project. The concession period for the project is 35 years and GMR Airports will be designated as the airports operator in the consortium for the project, it said. The infra major also said that it concluded financing the entire debt of Rs 1,330 crore for the development of Greenfield airport at Mopa on a door-to-door tenure of 18 years on competitive terms, filing added. In the energy sector, the company said while its Warora plant clocked PLF (Plant Load Factor) of 77 per cent during April-June FY18 against 44 per cent during the year-ago quarter, the Kamalanga plant operated at PLF of 65 per cent against 72 per cent a year ago.
United News of India
