GMR Airports Infrastructure Ltd recently announced its financial results for the first quarter of FY25. It posted a net loss of Rs 258.2 crore for the period. Though the revenue was upbeat, the loss pulled its stock price down by 3.3%. The stock closed at Rs 94.80 on the BSE.
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About the Company
GMR Airports Infrastructure Ltd. is one of the major airport developers and operators in the country. Delhi, Hyderabad, and the new Manohar International Airport in Goa are some of the major airports managed by the company. GMR Airports has proved its mettle in efficient airport infrastructure development, making air travel easy and comfortable for passengers. Hence, it has emerged as one of the major players in Indian aviation.
Financial Highlights
In the first quarter of FY25, GMR Airports reported:
- A net loss of Rs 258.2 crore, compared to Rs 122.50 crore in the same quarter last year.
- Revenue from operations increased to Rs 2,402.20 crore, up by 19.06% from Rs 2,017.63 crore in Q1 FY24.
- EBITDA was Rs 1,016.35 crore, higher than Rs 860.82 crore in the same period last year.
- The EBITDA margin was 42.3%, slightly lower than 42.6% last year.
Despite earning more revenue, the company faced challenges in managing costs, leading to a higher net loss.
Key Financial Metrices
| Market Cap | ₹ 98,093 Cr |
| Industry PE | 37.7 |
| ROCE | 6.39 % |
| Book Value | ₹ -3.59 |
| Industry PBV | 4.45 |
Shareholding Pattern
GMR Airports has a mix of shareholders. This includes the company’s promoters, institutional investors, and retail investors.
| Promoters | 66.07% |
| FII | 14.76% |
| DII | 3.38% |
| Retail | 15.79% |
Company Vision and Plans
GMR Airports is focused on the expansion and upgradation of airports. This includes augmenting the international passenger capacity at Delhi Airport by 40-50% over the next 6-12 months. It has also invested in new technologies and better passenger facilities that will enable it to increase its capacity and help cater to the burgeoning demand for air travel in India. This commitment shows its aim to be an even greater player in the airport sector.
Also Read – What do you mean by Net Profit? – Explained
Conclusion
The Q1 of FY25 remained a mixed bag for GMR Airports. While it witnessed an uptick in revenue, the higher net loss affected investor confidence and pulled down its stock price. GMR Airports will focus on expansion and improvement in airport facilities in the coming times to rise above these challenges and regain investors’ confidence.
Disclaimer: This information is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult with financial professionals before making investment decisions.
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