Roads & Highways company GMR Airports Infrastructure announced Q4FY24 & FY24 results:
Q4FY24 Financial Highlights:
- Total Income: Rs 2,570 crore, increased by Rs 573 crore compared to Q4FY23 (Mar'23).
- Net Income: Rs 1,963 crore, increased by Rs 491 crore compared to Q4FY23 (Mar'23).
- EBITDA: Rs 940 crore, increased by Rs 578 crore compared to Q4FY23 (Mar'23).
- PBT (Before exceptional items & share of JVs): Rs (287) crore, increased by Rs 324 crore compared to Q4FY23 (Mar'23).
- Share of Profit from JVs / associates: Rs 38 crore, increased by Rs (8) crore compared to Q4FY23 (Mar'23).
- Exceptional Item: Rs 101 crore, increased by Rs 63 crore compared to Q4FY23 (Mar'23).
- PBT: Rs (148) crore, increased by Rs 455 crore compared to Q4FY23 (Mar'23).
- Profit After Tax (from continuing operations): Rs (168) crore, increased by Rs 471 crore compared to Q4FY23 (Mar'23).
- Total Pax Traffic increased by 11% YoY to 31.4 million in Q4FY24
FY24 Financial Highlights:
- Total Income: Rs 9,207 crore, increased by Rs 1,938 crore compared to FY23 (12M Mar'23).
- Net Income: Rs 6,860 crore, increased by Rs 1,506 crore compared to FY23 (12M Mar'23).
- EBITDA: Rs 3,418 crore, increased by Rs 1,117 crore compared to FY23 (12M Mar'23).
- PBT (Before exceptional items & share of JVs): Rs (976) crore, increased by Rs 99 crore compared to FY23 (12M Mar'23).
- Share of Profit from JVs / associates: Rs 225 crore, increased by Rs 139 crore compared to FY23 (12M Mar'23).
- Exceptional Item: Rs 115 crore, decreased by Rs 139 crore compared to FY23 (12M Mar'23).
- PBT: Rs (636) crore, increased by Rs 99 crore compared to FY23 (12M Mar'23).
- Profit After Tax (from continuing operations): Rs (829) crore, decreased by Rs 19 crore compared to FY23 (12M Mar'23).
- Delhi & Hyderabad Airports Pax Traffic in Mar’24 and FY24 show healthy momentum
- Delhi Airport - Reached ~74 million Pax mark in FY24
- Hyderabad Airport - Reached 25 million Pax mark in FY24