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- GMR Airports Infrastructure Q1 Results Profit Before Tax of ₹43.70 Crore and Total Comprehensive Income of ₹8,401.70 Crore
GMR Airports Infrastructure Q1 Results Profit Before Tax of ₹43.70 Crore and Total Comprehensive Income of ₹8,401.70 Crore
GMR Airports Infrastructure Q1 Results showed a total income of ₹34.26 crore, a profit before tax of ₹43.70 crore, and a significant total comprehensive income of ₹8,401.70 crore for the fiscal year 2024-2025.
by P Nandhini
Updated Aug 13, 2024
Table of Content
For the first quarter of the fiscal year 2024-2025, GMR Airports Infrastructure reported mixed results. The company's total income for the quarter was ₹34.26 crore, which was a decrease from ₹107.01 crore in the previous quarter.
This drop in revenue was partly due to higher expenses, including increased costs for employee benefits and other operational expenses. Despite these challenges, the company managed to achieve a profit before tax of ₹43.70 crore, significantly improved from a loss of ₹34.68 crore in the previous quarter.
The company's earnings before interest, tax, depreciation, and amortization (EBITDA) showed a loss of ₹11.41 crore, which reflects the ongoing pressures faced during this period. However, GMR Airports benefited from exceptional gains amounting to ₹55.11 crore, contributing to a strong overall profit.
The total comprehensive income for the quarter reached ₹8,401.70 crore, boosted by gains from fair valuation of equity securities. While the results indicate some financial strain, the positive exceptional items and total comprehensive income suggest a robust recovery and ongoing resilience in their airport operations and infrastructure investments.
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GMR Airports Infrastructure Q1 Results 2024 - 2025
Here is a summary of GMR Airports Infrastructure's financial performance for the first quarter of the fiscal year 2024-2025:
Particulars | Quarter Ended March 31, 2024 | Quarter Ended December 31, 2023 | Quarter Ended March 31, 2023 |
---|---|---|---|
Income | |||
Revenue from operations | ₹26.89 crore | ₹105.02 crore | ₹28.17 crore |
Other income | ₹7.37 crore | ₹1.99 crore | ₹10.64 crore |
Total income | ₹34.26 crore | ₹107.01 crore | ₹38.81 crore |
Expenses | |||
Purchases of stock in trade | ₹9.90 crore | ₹10.36 crore | ₹8.26 crore |
Employee benefits expense | ₹17.12 crore | ₹14.11 crore | ₹39.15 crore |
Other expenses | ₹27.02 crore | ₹24.47 crore | ₹57.75 crore |
Total expenses | ₹54.04 crore | ₹49.94 crore | ₹115.50 crore |
Earnings Before Interest, Tax, Depreciation | |||
EBITDA and exceptional items | ₹7.24 crore | ₹82.54 crore | (₹18.94 crore) |
Finance costs | ₹17.61 crore | ₹112.64 crore | ₹45.64 crore |
Depreciation and amortization expense | ₹1.04 crore | ₹1.65 crore | ₹0.07 crore |
Loss Before Exceptional Items and Tax | (₹11.41 crore) | (₹31.75 crore) | (₹64.65 crore) |
Exceptional Items (net) | ₹55.11 crore | (₹2.93 crore) | ₹120.57 crore |
Profit Before Tax | ₹43.70 crore | (₹34.68 crore) | ₹55.92 crore |
Tax Expense | ₹0.15 crore | ₹1.65 crore | ₹0.07 crore |
Profit After Tax | ₹43.70 crore | (₹34.68 crore) | ₹55.92 crore |
Other Comprehensive Income (net of tax) | |||
Re-measurement gain/(loss) on defined benefit plans | ₹0.17 crore | ₹0.02 crore | (₹0.84 crore) |
Net gain on fair valuation of equity securities | ₹8,357.83 crore | ₹1,961.20 crore | ₹11,659.20 crore |
Total Other Comprehensive Income | ₹8,358.00 crore | ₹1,961.22 crore | ₹11,714.28 crore |
Total Comprehensive Income | ₹8,401.70 crore | ₹1,926.54 crore | ₹11,765.20 crore |
Paid-up Equity Share Capital | ₹603.59 crore | ₹603.59 crore | ₹603.59 crore |
Other Equity | ₹33,477.64 crore | ₹21,319.32 crore | ₹11,055.75 crore |
Earnings Per Share (Basic/Diluted) | ₹0.07 | (₹0.06) | ₹0.09 |
Here is a table summarizing the GMR Airports Infrastructure's performance for Q1 2024-2025, with quarter-on-quarter (QoQ) and year-on-year (YoY) comparisons:
Particulars | QoQ | YoY |
---|---|---|
Revenue from Operations | ₹26.89 crore (↓₹78.13 crore) | ₹28.17 crore (↓₹1.28 crore) |
Other Income | ₹7.37 crore (↑₹5.38 crore) | ₹10.64 crore (↓₹3.27 crore) |
Total Income | ₹34.26 crore (↓₹72.75 crore) | ₹38.81 crore (↓₹4.55 crore) |
Total Expenses | ₹54.04 crore (↑₹4.10 crore) | ₹115.50 crore (↓₹61.46 crore) |
EBITDA and Exceptional Items | ₹7.24 crore (↓₹75.30 crore) | (₹18.94 crore) (↑₹26.18 crore) |
Finance Costs | ₹17.61 crore (↓₹95.03 crore) | ₹45.64 crore (↓₹28.03 crore) |
Depreciation and Amortization | ₹1.04 crore (↓₹0.61 crore) | ₹0.07 crore (↑₹0.97 crore) |
Loss Before Exceptional Items | (₹11.41 crore) (↓₹20.34 crore) | (₹64.65 crore) (↓₹53.24 crore) |
Exceptional Items (net) | ₹55.11 crore (↑₹58.04 crore) | ₹120.57 crore (↓₹65.46 crore) |
Profit Before Tax | ₹43.70 crore (↑₹78.38 crore) | ₹55.92 crore (↓₹12.22 crore) |
Tax Expense | ₹0.15 crore (↓₹1.50 crore) | ₹0.07 crore (↑₹0.08 crore) |
Profit After Tax | ₹43.70 crore (↑₹78.38 crore) | ₹55.92 crore (↓₹12.22 crore) |
Re-measurement Gain/(Loss) | ₹0.17 crore (↑₹0.15 crore) | (₹0.84 crore) (↑₹1.01 crore) |
Net Gain on Fair Valuation | ₹8,357.83 crore (↑₹6,396.63 crore) | ₹11,659.20 crore (↓₹3,301.37 crore) |
Total Comprehensive Income | ₹8,401.70 crore (↑₹6,475.16 crore) | ₹11,765.20 crore (↓₹3,363.50 crore) |
Paid-up Equity Share Capital | ₹603.59 crore (unchanged) | ₹603.59 crore (unchanged) |
Other Equity | ₹33,477.64 crore (↑₹12,158.32 crore) | ₹11,055.75 crore (↑₹22,421.89 crore) |
Earnings Per Share (EPS) | ₹0.07 (↑₹0.13) | ₹0.09 (↓₹0.02) |
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GMR Airports Infrastructure Current Market Overview
GMR Airports Infrastructure is currently trading at ₹97.10 per share, with a market capitalization of ₹1,02,528 crore. The stock has fluctuated between a high of ₹104 and a low of ₹51.60 over the past year.
The company does not offer a dividend, and its book value is negative. It has a return on capital employed (ROCE) of 6.39%. The stock is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
Metric | Value |
---|---|
Current Price | ₹97.10 |
Market Cap | ₹1,02,528 Cr. |
52-Week High | ₹104 |
52-Week Low | ₹51.60 |
Book Value | -₹3.59 |
Dividend Yield | 0.00% |
ROCE | 6.39% |
ROE | Not Specified |
Face Value | ₹1.00 |
BSE Code | 532754 |
NSE Code | GMRINFRA |
Quarterly Results
Here are the quarterly results for GMR Airports Infrastructure for September 2023, December 2023, and March 2024:
Metric | Sep 2023 | Dec 2023 | Mar 2024 |
---|---|---|---|
Sales (₹ Cr.) | 2,064 | 2,227 | 2,447 |
Expenses (₹ Cr.) | 1,337 | 1,558 | 1,630 |
Operating Profit (₹ Cr.) | 726 | 669 | 817 |
Operating Profit Margin (OPM %) | 35% | 30% | 33% |
Other Income (₹ Cr.) | 184 | 116 | 263 |
Interest (₹ Cr.) | 673 | 857 | 823 |
Depreciation (₹ Cr.) | 373 | 393 | 405 |
Profit Before Tax (₹ Cr.) | -135 | -465 | -148 |
Tax (%) | 40% | 5% | 13% |
Net Profit (₹ Cr.) | -190 | -486 | -168 |
Earnings Per Share (EPS) (₹) | -0.15 | -0.53 | -0.20 |
About GMR Airport Infrastructure
GMR Airports Infrastructure is a leading company in the airport sector, focusing on the development, management, and operation of airports. Based in India, the company plays a crucial role in enhancing airport infrastructure and improving passenger experience.
They are involved in various airport projects, both domestically and internationally, aiming to provide world-class facilities and services. GMR Airport Infrastructure is known for its commitment to innovation and quality in the aviation industry, contributing significantly to the growth and modernization of airport facilities.
GMR Airports Infrastructure Q1 Results - FAQs
1. What is GMR Airports Infrastructure’s total income for Q1 2024-2025?
GMR Airports Infrastructure’s total income for Q1 2024-2025 is ₹34.26 crore.
2. How did GMR Airports Infrastructure's revenue from operations change in Q1 2024-2025?
GMR Airports Infrastructure’s revenue from operations decreased to ₹26.89 crore in Q1 2024-2025.
3. What were the other income figures for GMR Airport Infrastructure in Q1 2024-2025?
GMR Airports Infrastructurereported other income of ₹7.37 crore in Q1 2024-2025.
4. How much were the total expenses for GMR Airports Infrastructure in Q1 2024-2025?
The total expenses for GMR Airports Infrastructurein Q1 2024-2025 were ₹54.04 crore.
5. What was GMR Airports Infrastructure’s EBITDA for Q1 2024-2025?
GMR Airports Infrastructure’s EBITDA for Q1 2024-2025 was a loss of ₹11.41 crore.
6. Did GMR Airports Infrastructure experience a profit or loss before tax in Q1 2024-2025?
GMR Airports Infrastructure experienced a profit before tax of ₹43.70 crore in Q1 2024-2025.
7. What was the exceptional gain for GMR Airport infrastructure in Q1 2024-2025?
GMR Airports Infrastructurehad an exceptional gain of ₹55.11 crore in Q1 2024-2025.
8. How did GMR Airports Infrastructure's profit after tax change in Q1 2024-2025?
GMR Airports Infrastructure's profit after tax was ₹43.70 crore in Q1 2024-2025.
9. What was the total comprehensive income for GMR Airports Infrastructure in Q1 2024-2025?
GMR Airports Infrastructure’s total comprehensive income for Q1 2024-2025 was ₹8,401.70 crore.
10. What was the total comprehensive income for GMR Airport Infrastructure in Q4 2023?
The total comprehensive income for GMR Airports Infrastructure in Q4 2023 was ₹1,926.54 crore.