GMR Power reports Q3 loss of ₹160 cr amid smart meter revenue surge
pre-market1 source ↓written by the desknot a recommendation
- Total income rose
- 14% YoY to ₹2,002.6 cr
- metering revenue soaring
- 150% to ₹433 cr
- now constituting
- 72% of total income
GMR Power and Urban Infra Limited reported a net loss of ₹160 cr for Q3 FY26, widening from ₹89.9 cr a year earlier, primarily due to one-time provisions. Total income rose 14% YoY to ₹2,002.6 cr, with smart metering revenue soaring 150% to ₹433 cr, now constituting 72% of total income. This growth highlights the potential for future profitability in the smart metering segment.
Not investment advice. For informational purposes only.