GMR Infra board OKs Rs 6,000-cr fund raising plan

5 Sep 2022 , 09:42 AM

These funds will be raised in one or more tranches said the company. The airport service provider said that this proposal is subject to approval of shareholders and other regulatory and/or statutory approvals, as applicable. GMR Infrastructure is a leading global infrastructure conglomerate with interests in airport, energy, transportation and urban infrastructure. On a consolidated basis, GMR Infrastructure reported net loss of Rs 136.98 crore in Q1 FY23 as against net loss of Rs 252.12 crore in Q1 FY22. Net sales rose 83% to Rs 1,253.30 crore in Q1 FY23 over Q1 FY22. Shares of GMR Infrastructure declined 0.25% to Rs 39.45 on the BSE. Powered by Capital Market – Live News