No question of pulling out of T3: GMR Infra
GMR Infrastructure has reported a consolidated net loss of Rs 66.69 crore for the quarter ended June 30, 2011, mainly on account of lower revenues from the Delhi Airport, high interest cost and increased tax outgo. GMR Infrastructure Chief Financial Officer A Subbarao, said there is no question of pulling out of T3 and going forward the company will increase its revenues and margins through cost reduction.
