GMR Airports Ltd

During the month, domestic traffic grew by 7.9% YoY, while international traffic saw a significant increase of 8% YoY. Delhi Airport handled monthly passenger traffic of around 7 million passengers (up 6% YoY). Hyderabad Airport handled monthly passenger traffic of around 2.5 million passengers (up 17% YoY). Aircraft movements also increased by 8% YoY in March 2025, totaling 65,698 movements. GMR Airports Infrastructure is mainly engaged in the development, maintenance, and operation of airports; generation of power; coal mining and exploration activities; development of highways; and development, maintenance, and operation of special economic zones. The company reported a consolidated net profit of Rs 202.10 crore in Q3 FY25, compared with a net loss of Rs 486.40 crore posted in Q3 FY24. Revenue from operations jumped 19.16% year on year (YoY) to Rs 2,653.24 crore in the quarter ended 31 December 2024. The scrip shed 0.05% to Rs 86.46 on the BSE.Powered by Capital Market - Live

GMR Airports has allotted 1,10,000 5% coupon INR denominated, Listed, Unsecured, Rated, Redeemable Non-Convertible Bonds of face value of Rs 1 lakh each for an aggregate Rs 1,100 crore on private placement basis. Powered by Capital Market - Live

The key equity benchmarks traded in negative territory with modest losses in the morning trade. The Nifty traded below the 22,850 mark. PSU bank shares declined after advancing in the previous trading session. At 10:30 IST, the barometer index, the S&P BSE Sensex, slipped 383.05 points or 0.50% to 75,613.81. The Nifty 50 index declined 136.45 points or 0.59% to 22,823.05. The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index declined 1.03% and the S&P BSE Small-Cap index slipped 1.86%. The market breadth was weak. On the BSE, 964 shares rose and 2,557 shares fell. A total of 156 shares were unchanged. Buzzing Index: The Nifty PSU Bank index declined 1.14% to 5,836.90. The index rose 0.54% in the past trading session. Punjab & Sind Bank (down 2.08%), UCO Bank (down 1.84%), Indian Overseas Bank (down 1.6%), Bank of India (down 1.6%), Union Bank of India (down 1.34%), Central Bank of India (down 1.34%), Bank of Maharashtra (down 1.05%), Canara Bank (down 0.96%), Indian Bank (down 0.9%) and Punjab National Bank (down 0.86%) declined. Stocks in Spotlight: GMR Airports declined 1.18%. The company's infrastructure reported a 11.4% year-on-year (YoY) increase in passenger traffic across all GMR airports, reaching over 10.6 million passengers in January 2025. Krishna Institute of Medical Sciences (KIMS) shed 0.34%. The company said that it has entered into a strategic partnership with the Ushahkal Abhinav Institute of Medical Sciences (UAIMS Hospital), Sangli, Maharashtra, to strengthen its presence in Maharashtra.Powered by Capital Market - Live

During the month, domestic traffic grew by 11% YoY, while international traffic saw a significant increase of 12.4% YoY. Delhi Airport handled monthly passenger traffic of around 6.9 million passengers (up 10% YoY). Hyderabad Airport handled monthly passenger traffic of around 2.6 million passengers (up 21% YoY). Aircraft movements also increased by 9% YoY in January 2025, totaling to 63,767 movements. GMR Airports Infrastructure is mainly engaged in the development, maintenance, and operation of airports, generation of power, coal mining and exploration activities, development of highways, and development, maintenance, and operation of special economic zones. The company reported consolidated net profit of Rs 202.10 crore in Q3 FY25, compared with net loss of Rs 486.40 crore posted in Q3 FY24. Revenue from operations jumped 19.16% year on year (YoY) to Rs 2,653.24 crore in the quarter ended 31 December 2024. The scrip shed 0.61% to Rs 69.79 on the BSE. Powered by Capital Market - Live

Revenue from operations jumped 19.16% year on year (YoY) to Rs 2,653.24 crore in the quarter ended 31 December 2024. The company reported a pre-tax profit of Rs 246.28 crore during the quarter compared with a pre-tax loss of Rs 464.81 crore in the corresponding quarter previous year. During the third quarter, EBITDA stood at Rs 1,086.7 crore in the December quarter, registering a growth of 37.11% YoY. EBITDA margin reduced to 52% in Q3 FY25, as compared to 46% reported in the corresponding quarter previous year. Total expenses rallied 6.64% YoY to Rs 1,661.53 crore in the quarter ended 31 December 2024. Cost of materials consumed stood at Rs 41.16 crore (up 55.73% YoY), employee benefits expenses were at Rs 386.09 crore (up 20.24% YoY), and other expenses were at Rs 499.98 crore (down 9.95% YoY) in Q3 FY25. On a 9-month basis, the company's consolidated net loss narrowed to Rs 564.24 crore in 9M FY24, compared to a net loss of Rs 661.30 crore in 9M FY23. Revenue from operations surged 19.71%, reaching Rs 7,550.90 crore in 9M FY24, up from Rs 6,307.78 crore in 9M FY23. GMR Airports Infrastructure is mainly engaged in the development, maintenance, and operation of airports, generation of power, coal mining and exploration activities, development of highways, and development, maintenance, and operation of special economic zones.Powered by Capital Market - Live

Net profit of GMR Airports reported to Rs 266.79 crore in the quarter ended December 2024 as against net loss of Rs 317.46 crore during the previous quarter ended December 2023. Sales rose 19.16% to Rs 2653.24 crore in the quarter ended December 2024 as against Rs 2226.65 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2653.242226.65 19 OPM %37.3830.03 - PBDT316.42-41.87 LP PBT-162.32-434.38 63 NP266.79-317.46 LP Powered by Capital Market - Live

GMR Airports will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live

During the month, domestic traffic grew by 8.6% YoY, while international traffic saw a significant increase of 8.1% YoY. Delhi Airport handled monthly passenger traffic of around 7.06 million passengers (up 7% YoY). Hyderabad Airport handled monthly passenger traffic of around 2.7 million passengers (up 20% YoY). Aircraft movements also increased by 7% YoY in December 2024, totaling to 64,364 movements. GMR Airports is the largest private airport operator in Asia and the 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 a 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.Powered by Capital Market - Live

United Spirits Ltd, Adani Power Ltd, Piramal Enterprises Ltd, Adani Total Gas Ltd are among the other stocks to see a surge in volumes on BSE today, 14 January 2025.GMR Airports Ltd notched up volume of 174.99 lakh shares by 10:46 IST on BSE, a 45.5 fold spurt over two-week average daily volume of 3.85 lakh shares. The stock rose 2.31% to Rs.71.30. Volumes stood at 4.69 lakh shares in the last session.United Spirits Ltd notched up volume of 76904 shares by 10:46 IST on BSE, a 6.48 fold spurt over two-week average daily volume of 11868 shares. The stock slipped 4.63% to Rs.1,414.10. Volumes stood at 6133 shares in the last session.Adani Power Ltd saw volume of 18.61 lakh shares by 10:46 IST on BSE, a 5.87 fold spurt over two-week average daily volume of 3.17 lakh shares. The stock increased 17.29% to Rs.528.00. Volumes stood at 3.73 lakh shares in the last session.Piramal Enterprises Ltd clocked volume of 49948 shares by 10:46 IST on BSE, a 3.52 times surge over two-week average daily volume of 14191 shares. The stock gained 4.98% to Rs.997.70. Volumes stood at 11692 shares in the last session.Adani Total Gas Ltd clocked volume of 1.51 lakh shares by 10:46 IST on BSE, a 2.18 times surge over two-week average daily volume of 69422 shares. The stock gained 10.00% to Rs.691.05. Volumes stood at 67771 shares in the last session.Powered by Capital Market - Live

According to the regulatory filing, the company has entered into a share purchase agreement to acquire up to 5 lakh equity shares and up to 1.90 crore non-cumulative compulsorily convertible preference shares of BDGASPL, representing 50% of its paid-up share capital. The total consideration for the transaction is approximately Rs 15.02 crore, to be paid in one or more tranches. BDGASPL was incorporated on August 17, 2005. It operates the General Aviation Terminal, Maintenance Center, and associated facilities at Indira Gandhi International (IGI) Airport, New Delhi. For the fiscal years 2024, 2023, and 2022, BDGASPL reported revenues of Rs. 64.51 crore, Rs. 54.2 crore, and Rs. 47.19 crore, respectively. The said transaction will be in furtherance of the existing business of Airport adjacencies/ Airport related businesses etc. and would strengthen its presence in the airport and airport related businesses. The transaction is not classified as a related party transaction, and the promoters of GMR Airports do not have any interest in the deal. The company also confirmed that no governmental or regulatory approvals are required for the acquisition. The official announcement was made on 08 January 2025 after the market hours. GMR Airports is the largest private airport operator in Asia and the 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 a 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. The scrip shed 0.68% to Rs 76.25 on the BSE. Powered by Capital Market - Live