GMR Infrastructure is mainly engaged in development, maintenance and operation of airports, generation of power, coal mining and exploration activities, development of highways, development, maintenance and operation of special economic zones, and construction business including Engineering, Procurement and Construction (EPC) contracting activities.(Source : 201903 Annual Report Page No: 145)
Financial Results:
- GMR Airports Infrastructure Ltd reported Revenues for Q1FY24 of ₹2,018.00 Crores up from ₹1,439.00 Crore year on year, a rise of 40.24%.
- Total Expenses for Q1FY24 of ₹2,155.00 Crores up from ₹1,749.00 Crores year on year, a rise of 23.21%.
- Consolidated Net Profit of ₹17.00 Crores from -₹113.00 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹0.05, from -₹0.23 in the same quarter of the previous year.