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GVK Power and Infrastructure reports 2.2% rise in revenue

2-Nov-2010 1:03 PM

India’s GVK Power and Infrastructure, which manages Mumbai International Airport Ltd and Bangalore International Airport Ltd, reports the following financial highlights for the three months ended 30-Sep-2010 (Livemint, 02-Nov-2010):

  • Revenue*: USD113.6 million, +2.2% year-on-year;
  • Operating profit: USD35.1 million, +3.3%;
  • Airports: USD5.0 million, +64%;
  • Net profit: USD9.7 million, -3%;
  • Airport passenger numbers: +13% to +14%;
  • Aircraft movements: +13% to +14%.

*Based on the conversion rate at USD1 = INR44.31