GMR Airports posts consolidated loss of ₹253 cr in March quarter
Delhi, Hyderabad and Mopa (Goa) airports are operated by entities that are part of GMR Airports Ltd (GAL)
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KRISHNAN VV
GMR Airports saw its consolidated loss widen to ₹253 crore in the three months ended March 2025 even as total income rose during the same period.
The company had a loss of ₹168 crore in the year-ago period.
The figures are after tax for continuing operations.
According to a regulatory filing on Friday, GMR Airports’ total income climbed to ₹2,977 crore in the fourth quarter of 2024-25 financial year from ₹2,570 crore in the year-ago period.
For the 2024-25 fiscal, the company’s loss narrowed to ₹817 crore from ₹829 crore in the same period a year ago.
Delhi, Hyderabad and Mopa (Goa) airports are operated by entities that are part of GMR Airports Ltd (GAL).
“Total passenger traffic at GAL-owned airports increased by 9 per cent y-o-y to 31.5 million in Q4FY25 and 9 per cent y-o-y to 120.5 million in FY25,” the filing said.
GAL is also operating Medan Aiport in Indonesia and developing Crete Airport in Greece.
Besides, it is developing the Bhogapuram Airport in Andhra Pradesh.
Regarding the Delhi airport, GAL said the tariff order issued by regulator AERA for the fourth control period ending March 31, 2029 would significantly improve aero revenue, overall profitability and cash flow generation at DIAL and the company.
The tariff order came into effect from April 16, 2025.
“The financials of DIAL and GAL would have been better, had this order been issued during FY25,” the filing said.
Delhi International Airport Ltd (DIAL) operates the Indira Gandhi International Airport (IGIA) in the national capital.
Shares of GAL dropped over 2 per cent to ₹87.08 apiece in late afternoon trade on the BSE.
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Published on May 23, 2025
