GMR Airports Infrastructure Ltd Share Price – NSE /  BSE

Miscellaneous, Mid Cap

During the month, domestic traffic and international traffic grew by 9.2% YoY each.

Delhi Airport handled monthly passenger traffic of around 6.4 million passengers (up 6% YoY). Hyderabad Airport handled monthly passenger traffic of around 2.4 million passengers (up 22% YoY).

Aircraft movements also increased by 9% YoY in October 2024, totaling to 71,598 movements.

GMR Airports is the largest private airport operator in Asia and 2nd largest in the world. GMR Airports, a subsidiary of GMR Airports Infrastructure [formerly known as GMR Infrastructure] (GIL) has Groupe ADP as its strategic partner, which is holding a 49% stake. GMR Airports operates the iconic Delhi Airport, which is the largest and fastest-growing airport in India. It also runs Hyderabad Airport, a pioneering greenfield airport known for several technological innovations. The company also operates Manohar International Airport, Goa (Mopa), which is India’s first destination Airport.

The company reported a consolidated net loss of Rs 280.40 crore in Q2 FY25 as compared to net loss of Rs 91.03 crore recorded in Q2 FY24. Net sales grew by 20.9% year on year to Rs 2,495.46 crore in Q2 FY25.

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Net Loss of GMR Airports Infrastructure reported to Rs 280.40 crore in the quarter ended September 2024 as against net loss of Rs 91.03 crore during the previous quarter ended September 2023. Sales rose 20.93% to Rs 2495.46 crore in the quarter ended September 2024 as against Rs 2063.50 crore during the previous quarter ended September 2023.

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GMR Airports Infrastructure will hold a meeting of the Board of Directors of the Company on 24 October 2024.

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During the month, domestic traffic grew by 7.5% YoY, while international traffic saw a significant increase of 12.2% YoY.

Delhi Airport handled the highest-ever monthly traffic at around 6.2 million passengers (up 7.4% YoY). Hyderabad Airport handled monthly passenger traffic of around 2.2 million passengers (up 14.8% YoY).

Aircraft movements also increased by 8% YoY in September 2024, totaling to 67,018 movements.

GMR Airports is the largest private airport operator in Asia and 2nd largest in the world. GMR Airports, a subsidiary of GMR Airports Infrastructure [formerly known as GMR Infrastructure] (GIL) has Groupe ADP as its strategic partner, which is holding a 49% stake. GMR Airports operates the iconic Delhi Airport, which is the largest and fastest-growing airport in India. It also runs Hyderabad Airport, a pioneering greenfield airport known for several technological innovations. The company also operates Manohar International Airport, Goa (Mopa), which is India’s first destination Airport.

The firm reported a consolidated net loss of Rs 337.57 crore in Q1 FY25 as against a net profit of Rs 15.45 crore recorded in Q1 FY24. Revenue from operations increased 19.06% year on year (YoY) to Rs 2,402.20 crore during the June 2024 quarter.

Shares of GMR Airports Infrastructure slipped 2.07% to Rs 87.40 on the BSE.

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