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GMR reports Q3 results, remains interested in new opportunities

India’s GMR Infrastructure has released financial highlights for the three months ended 31-Dec-2011 including specific data for Delhi, Hyderabad, Male (Maldives) and Istanbul Sabiha Gocken airports. EBITDA increased in all cases, but the post-tax loss also widened at Delhi due to the continuing impact of a court order to suspend collection of airport development fees there since mid-2011, pending regulatory approval. 

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