GMR Infra results Update.

 GMR Infra Q1 PAT up by 26% at Rs 28 cr


Revenue increased marginally but it was because barged mounted plant was getting shifted and its going to be running in fully capacity by August end.


This plant can contribute around 100 crore quarterly.


In 2 years operational capacity of power plants will go upto 2800 from 800 MW currently.

 Male airport to achive financial closure by September.



GM Rao said that debt ratio might increase more or stay same but not go down because many projects are in capital infusion phase.



According to some analyst Medium term target is 70 and stop loss is around 54.