GMR Power and Urban Infra · NSE: GMRP&UI · BSE: 543490

Q2 FY24 results · Jul–Sep 2023

GMR Power and Urban Infra reported revenue from operations of ₹627.49 crore (down 60.3% from Q2 FY23) and net loss of ₹123.27 crore for Q2 FY24 (Jul–Sep 2023), on a consolidated basis.

Consolidated · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	627.49	1,580.72	−60.3%	1,124.22	−44.2%
Other income	51.13	46.18	+10.7%	66.20	−22.8%
Total income	678.62	1,626.90	−58.3%	1,190.42	−43.0%
Profit before share of associates & JVs and tax	(89.03)	559.10	Turned loss	(208.25)	Loss narrowed
Share of profit/(loss) of associates & JVs	(14.26)	596.72		9.33
Net profit for the period	(123.27)	1,069.31	Turned loss	(217.75)	Loss narrowed
Attributable to shareholders of the company	(105.29)	1,082.70	Turned loss	(205.30)	Loss narrowed
EPS, basic (₹)	(1.74)	17.94	Turned loss	(3.40)	Loss narrowed
Net margin (%)	-19.6	67.6		-19.4

This company reports a share of profit/(loss) from associates and joint ventures. BSE’s filing format records that share after tax, so it is shown on its own line. The company’s own statement may add it before its “profit before tax” line.

Standalone · ₹ crore
Item	Q2 FY24	Q2 FY23	YoY	Q1 FY24	QoQ
Revenue from operations	202.44	469.53	−56.9%	257.64	−21.4%
Other income	5.79	1.55	+273.5%	0.44	13x
Total income	208.23	471.08	−55.8%	258.08	−19.3%
Profit before tax	(6.03)	(46.40)	Loss narrowed	(26.32)	Loss narrowed
Net profit for the period	(6.03)	(46.40)	Loss narrowed	(26.32)	Loss narrowed
EPS, basic (₹)	(0.10)	(0.77)	Loss narrowed	(0.44)	Loss narrowed
Net margin (%)	-3.0	-9.9		-10.2

Consolidated

Filed with BSE: 18 Nov 2023, 10:07 IST
Board meeting: 03 Nov 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE

Standalone

Filed with BSE: 18 Nov 2023, 10:07 IST
Board meeting: 03 Nov 2023
Period: 01 Jul 2023 to 30 Sep 2023
Review status: Unaudited
Source: XBRL filing on BSE