GMR Airports Infrastructure Ltd News Today

The project shall include the installing and maintaining of 75.69 lakh smart meters in crucial zones like Varanasi, Azamgarh, Prayagraj, Mirzapur, Agra, and Aligarh.

The acquisition will be completed in one or more tranches for a total of roughly ₹15.02 Crore.

Hyderabad Airport reached a milestone in October 2024, carrying 2.4 million passengers, representing a 21.7% rise year on year.

The EBITDA margin decreased from 35.2% during the same period last fiscal year to 34.4% during the reporting quarter.

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GMR shares, which have outperformed with a 58% gain in the last year, were trading slightly higher at Rs 96 on the BSE.

Delhi Airport recorded a 7.16% increase in passenger traffic, reaching 19.3 million passengers in Q1 FY25, compared to 18.02 million in the same quarter last year.

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Aircraft movements also showed positive trends, with a 6% year-on-year increase and a 3% quarter-on-quarter rise.