GMR Infrastructure Ltd's Q1FY19 consolidated net loss widens to Rs238cr

India Infoline Research Team | August 15, 2018 20:40 IST

The company’s consolidated revenue stood at Rs1,747cr, down 34.67% yoy.

GMR Infrastructure Ltd Q1FY19

Consolidated Results Q1FY19: (Rs. in cr)

Q1FY19 YoY (%)
Revenue 1,747 [34.7]
EBITDA 436 [48.6]
EBITDA Margin (%) 25 [675]
Net Loss 238 --
***EBITDA margin change is bps

GMR Infrastructure Ltd's revenue for Q1FY19 declined by 34.7% yoy to Rs1,747cr against Rs2,674cr in Q1FY18. EBITDA for the quarter declined by 48.6% yoy to Rs436cr against Rs848cr. EBITDA margin declined by 675bps yoy to 25%. Net loss for the quarter stood at Rs238cr.


• Airport sector continues to witness high traffic growth with 14% growth as compared to the corresponding period last year.
• Non-aero revenues grew by 20% in Delhi airport and 16% in Hyderabad airport as compared to the corresponding quarter.
• Delhi Airport traffic grew by 12% for the quarter as compared to corresponding period last year.
• Hyderabad Airport traffic grew by 24% for the quarter as compared to corresponding period last year.
• Cebu Airport traffic increased by 11% for the quarter as compared to corresponding period last year.






Technical View:

GMR Infrastructure Ltd ended at Rs. 17.80, up by 0.1 points or 0.56% from its previous closing of Rs. 17.70 on the BSE.
The scrip opened at Rs. 17.80 and touched a high and low of Rs. 17.95 and Rs. 17.70 respectively. A total of 1,40,80,443 (NSE+BSE) shares were traded on the counter. The stock traded below its 200 DMA.



***Note: This is a NSE Chart

 

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