G M R Infrastructure, on a consolidated basis reported a marginal decline  of 6.05 % in net profit after tax & minority interest at Rs 465.80 million for the quarter ended Sep. 30, 2008 as compared to Rs 495.80 million for the quarter ended Sep. 30, 2007.

While the total Income increased 2.12 times from Rs 4021.80 million for the quarter ended Sep. 30, 2007 to Rs 8538.40 million for the quarter ended Sep. 30, 2008

Standalone:

On a standalone basis, the company announced a phenomenal rise net profit for the quarter ended September 2008.

During the quarter, the profit of the company jumped 2.71 times to Rs 241.90 million from Rs 89.30 million in the same quarter last year.

Net sales for the quarter rose 2.58 times to Rs 407.20 million, while total income for the quarter jumped 2.37 times to Rs 407.20 million, when compared with the prior year period.

The company reported earnings of Rs 0.13 a share during the quarter, registering 51.85 % decline over prior year period.

Quarterly Results - Standalone (Rs in mn)
As at	Sep - 08	Sep - 07	%Change
Net Sales	407.20	157.50	158.54
Net Profit	241.90	89.30	170.88
Basic EPS	0.13	0.27	(51.85)

During the quarter, the operating margin of the company declined  by 1594 basis points to 74.41% compared with the previous year period of 90.35%.

Shares of the company gained Rs 9.9, or 20%, to settle at Rs 59. The total volume of shares traded was 492,976 at the BSE (Tuesday).