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GMR reports Q3 results, remains interested in new opportunities

24th February, 2012

India’s GMR Infrastructure has released financial highlights for the three months ended 31-Dec-2011 including specific data for Delhi, Hyderabad, Male (Maldives) and Istanbul Sabiha Gocken airports. EBITDA increased in all cases, but the post-tax loss also widened at Delhi due to the continuing impact of a court order to suspend collection of airport development fees there since mid-2011, pending regulatory approval.  [1830 words]

Unlock the following contents in this report:

Subheadings:

  • Loss of development fees “will soon be mitigated”
  • CAPEX Rising
  • Pegasus controls the reins at Sabiha Gocken
  • Committed to Asia?
  • Busy schedule
  • STOP PRESS

Graphs and data:

  • Male airport capacity seats per week, by carrier: 13 to 19-Feb-2012
  • Male airport international capacity seats by region: 13 to 19-Feb-2012
  • Sabiha Gocken Airport Capacity seats per week, by carrier: 13 to 19-Feb-2012
  • GMR Infrastructure financial highlights 3 months ended 31-Dec-2011 (USD million)
  • Delhi Airport financial highlights 3 months ended 31-Dec-2011 (USD million)
  • Hyderabad Airport financial highlights 3 months ended 31-Dec-2011 (USD million)
  • Male International Airport financial highlights 3 months ended 31-Dec-2011 (USD million)
  • Istanbul Sabiha Gocken International Airport financial highlights 3 months ended 31-Dec-2011 (USD million)
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