GMR Infrastructure maintains profitability

Delhi and Hyderabad airport investor, GMR Infrastructure’s financial results for 2QFY2009/10, ended 30-Sep-09, remained positive, despite the Group’s profit after tax falling 40.0% to USD11.4 million during the quarter, compared to the previous corresponding period. Chairman, GM Rao, stated upon the release of the results that the “performance has been to our expectations”. [1535 words]

CAPA Members Login Username: Password: Remember details

Instantly get access to this article now for USD15.00. or If you've already bought this article, you can view it by typing your Article Key:

This report contains the following subheadings:

• Revenue from airports up 9.9% in first half
• Undertakes share subdivision
• Pushes the development of Delhi Airport for Commonwealth Games
• Delhi and Hyderabad airports show signs of steady improvement in traffic
• Outlook: Developing infrastructure for a traffic recovery

This report contains the following charts and tables:

• GMR Infrastructure financial highlights for three months ended 30-Sep-09
• GMR Infrastructure breakdown of net revenue for three months ended 30-Sep-09
• GMR Infrastructure breakdown of EBITDA for three months ended 30-Sep-09
• GMR Infrastructure financial highlights for six months ended 30-Sep-09
• Features of Delhi Airport’s Terminal 3
• Hyderabad and Delhi airports passenger traffic growth (% change year-on-year): Aug-2006 to Aug-2009
• Delhi International Airport passenger traffic growth (% change year-on-year): Aug-2008 to Aug-2009
• Hyderabad Rajiv Gandhi International Airport passenger traffic growth (% change year-on-year): Aug-2008 to Aug-2009