📌 GMR Power Posts Strong Q2 Profit Jump Despite Margin Pressure
GMR Power and Urban Infra reported a robust surge in its Q2 standalone net profit, rising to ₹888 crore, up sharply from ₹255 crore in the same quarter last year. The company’s revenue also increased to ₹1,810 crore from ₹1,384 crore, supported by stronger performance across key projects. However, operational performance showed some weakness. EBITDA fell to ₹367 crore from ₹416 crore, and EBITDA margins contracted to 20.26% compared to 30.08% last year, indicating rising costs or softer efficiency metrics. #GMRPower #QuarterlyResults #Q2FY26 #EarningsUpdate #ProfitJump #Infrastructure #PowerSector #BusinessNews
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