*GMR Infrastructure *disclosed drop in consolidated net profit for the quarter ended December 2008. During the quarter, the profit of the company declined 36.26% to Rs 408.40 million from Rs 640.70 million in the same quarter last year.
Consolidated net sales for the quarter rose 79.28% to Rs 95,915 million, while total income for the quarter rose 72.01% to Rs 9,671.30 million, when compared with the prior year period. The company reported earnings of Rs 0.22 a share during the quarter, registering 42.10% decline over prior year period. *Standalone results* The company disclosed a substantial rise in standalone net profit for the quarter ended December 2008. During the quarter, the profit of the company rose 42.03% to Rs 222.70 million from Rs 156.80 million in the same quarter previous year. Net sales for the quarter rose 2.09 times to Rs 374.50 million, while total income for the quarter jumped 68.31% to Rs 396.20 million, when compared with the prior year period. The company posted earnings of Rs 0.12 a share during the quarter, registering 33.33% growth over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 374.50 179.60 108.52 *Net Profit* 222.70 156.80 42.03 *Basic EPS* 0.12 0.09 33.33 During the quarter, the operating margin of the company dropped to 80.67% compared with 94.10% in the previous year period. Interest cost decreased 11.82% to Rs 59.70 million while depreciation cost were unchanged at Rs 0.30 million over previous year period. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
