GMR Airports Infra loss at Rs 190 cr
image for illustrative purpose
Mumbai: GMR Airports Infrastructure Ltd (GIL) on Monday reported its consolidated net loss reduced to Rs 190 crore in the July-September quarter of the current fiscal year.
The company had reported a net loss of Rs 197 crore in the quarter ended September 30, 2022. Company’s net income during the reporting quarter rose 25 per cent to Rs 1,607 crore against a net income of Rs 1,285 crore achieved in the second quarter of previous fiscal, GIL said in a statement. The total passenger traffic increased by 25 per cent year-on-year to 26.5 million in the July-September period, the company said. EBITDA (earnings before interest, taxes, depreciation and amortisation) during the September quarter grew by 34 per cent year-on-year to Rs 848 crore, it said.
