GMR first quarter profit dips 9.7 percent

July 30th, 2008 - 5:19 pm ICT by IANS  

New Delhi, July 30 (IANS) Realty company GMR Infrastructure Ltd announced Wednesday that its profit after tax has gone down to Rs.419 million for the first quarter this fiscal, as compared to Rs.464.10 million last year, a decline of 9.7 percent. Total income has increased from Rs.4.83 billion for the quarter ended June 30, 2007 to Rs.89.23 billion for the corresponding quarter this year, the company said in a regulatory release.

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