{
GMR Airports Infrastructure Ltd.

Companies

}

GMR Airports shares surge on strong passenger traffic growth in October

GMR Airports Infrastructure shares surged 5.6% on November 19 after reporting over 1 crore passengers in October 2024, reflecting a 9.2% year-on-year increase in both domestic and international traffic. Aircraft movements also rose by 9% YoY, totaling 71,598. Despite this growth, the stock has only gained 2% year-to-date, lagging behind the Nifty 50"s 9% increase.
Moneycontrol
Indian Rupee GMR Airports Infrastructure Ltd. IND
Finance & Economy, Market Report
07:56 19.11.2024

gmr airports reports 20 percent revenue growth despite narrowing net losses

GMR Airports Infrastructure Ltd reported a nearly 20% increase in consolidated revenue for Q2, reaching Rs 2,589.1 crore, up from Rs 2,162.4 crore year-on-year. EBITDA rose 13% to Rs 962 crore, while net losses narrowed to Rs 256.5 crore from Rs 274.4 crore, attributed to a 53% rise in finance costs and a 27.5% increase in depreciation and amortization expenses.
Moneycontrol
Indian Rupee GMR Airports Infrastructure Ltd. IND
Finance & Economy, Market Report
18:56 24.10.2024
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