ALPHA TRIBE

GMR Power and Urban Infra LimitedResults, 30-01-2025: Integrated Filing- Financial

30-01-2025 | 04:35 pm

GMR Power & Urban Infra Limited has announced a board meeting on January 29, 2025, to discuss the financial results for the quarter and nine months ended December 31, 2024. The company reported a total income of ₹1,763.01 crore for the nine-month period, with a net loss attributed to exceptional items amounting to ₹1,196 crore. Key highlights include significant recoveries expected from ongoing litigation and settlements connected to various infrastructure projects. Investors may view these developments as a potential upside due to favorable legal opinions and improved cash flows, despite the current loss.

No comments yet. Be the first to comment!

All announcements from GMR Power and Urban Infra Limited