GMR Infra reports PAT of Rs58cr for Q3FY22 on the back of robust operating income and revenue

10 Feb 2022 , 01:44 PM

GMR Infrastructure Ltd. reported consolidated revenue from operations for December 2021 quarter at Rs1364cr as against Rs836cr for December 2020 quarter, up by 63.16% yoy. Revenue for the 9M period ended December 2021 stood at Rs3,317cr against Rs2,010cr for the previous 9M period, increasing 65.03% yoy.

Its EBITDA for Q3 FY’22 was reported at Rs715cr against Rs86cr for Q3 FY’21, increasing 731% yoy. EBITDA for the 9M period ending December 2021 was Rs1568cr against Rs2cr for the 9M period ending December 2020, reflecting many-fold growth.

Its PAT for the quarter ended December 2021 stood at Rs58 crore against a loss of Rs383 crore for the quarter ended December 2020, registering a growth of 115% yoy. Net loss for the 9M period ending December 2021 narrowed at Rs623 crore against loss of Rs1,518 crore for the previous 9M period.

GMR Group is a leading global infrastructure conglomerate with unparalleled expertise in designing, building, and operating Airports. It also has a significant presence in areas of Energy, Transportation and Urban Infrastructure.

GMR Infra was trading at Rs42.75, marginally down by 0.93% or 40 paise against its previous closing price of Rs43.15 on BSE.