GMR Airports Infrastructure reported a consolidated profit after tax (PAT) of INR 1.05bn for December quarter, against a loss of INR 5.15bn in the year-ago period, the company said in a regulatory filing. On a standalone basis, the company reported a loss of INR 96.1 million for Q3 FY23, while revenue from operations stood at INR 284.4 million, it added. However, the company’s return to profitability is aided by an exceptional gain of INR 2.93bn. The exceptional gain pertains to a reversal of lease receivables and gain on carrying value of investments. The company also received INR 13.90bn for divestment

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