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GMR Infrastructure shares surge, Mexican traffic sluggish in Jan-2011

Analysis

India's GMR Infrastructure reported revenue for the three months ended 31-Dec-2010 was up 27% to USD298.1 million, although the company reported a net loss of USD11.4 million, compared with a profit of USD6.8 million in the same period last year. EBTIDA rose 10% to USD83.6 million.

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