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(30/10/2026 19:00)

GMR Power and Urban posts Q2 net loss of Rs 32.12 cr

The company reported standalone net loss during the quarter stood at Rs 32.12 crore as compared to net loss of Rs 3.41 crore in the previous year quarter.

Net revenue of the company declined substantially by 48.29 per cent at Rs 41.99 crore in July-September quarter of this fiscal as against Rs 81.21 crore in the corresponding period last year.

During July-September quarter, operating expenses increased by 3.56 per cent to Rs 36.99 crore from Rs 35.72 crore in year ago period.

Other Income grew by 126.90 per cent at Rs 8.35 crore versus (Sep'25 Rs 3.68 crore).

Operating Profit slipped by 89.01 per cent to Rs 5.00 crore as against Rs 45.49 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 78.74 per cent in September quarter.

Interest declined by 38.14 per cent y-o-y to Rs 52.01 crore