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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 19.06 % in the past year, decrease in net sales/revenue by -1.82 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.48 %, Marginal decrease of -46.5% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for GMR Airports Infrastructure Limited. Profit dropped by -2104.57 % Year to Year, GMR Airports Infrastructure Limited’s profitability increased by 101.44 % in this quarter.
- EPS over the Year and quarter: EPS increased by 360.00 % Year to Year. EPS increased by 15 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2017.63 Cr | Rs. 2446.78 Cr | Rs. 2402.2 Cr | -1.82 % | + 19.06 % |
Expenses | Rs. 1265.11 Cr | Rs. 1630.13 Cr | Rs. 1505.94 Cr | -7.62 % | + 19.04 % |
Operating Profit | Rs. 752.52 Cr | Rs. 816.65 Cr | Rs. 896.26 Cr | + 9.75 % | + 19.1 % |
OPM % | 37.3 % | 33.38 % | 37.31 % | + 3.93 % | + 0.01 % |
Other Income | Rs. 201.77 Cr | Rs. 224.45 Cr | Rs. 120.09 Cr | -46.5 % | -40.48 % |
Interest | Rs. 593.83 Cr | Rs. 822.97 Cr | Rs. 889.42 Cr | + 8.07 % | + 49.78 % |
Depreciation | Rs. 295.6 Cr | Rs. 404.81 Cr | Rs. 466.16 Cr | + 15.16 % | + 57.7 % |
Profit before tax | Rs. 64.86 Cr | Rs. -186.68 Cr | Rs. -339.23 Cr | -81.72 % | -623.02 % |
Tax % | 149.54 % | -10.28 % | -11.15 % | -0.87 % | -160.69 % |
Net Profit | Rs. 16.84 Cr | Rs. -167.58 Cr | Rs. -337.57 Cr | -101.44 % | -2104.57 % |
EPS in Rs | Rs. 0.05 | Rs. -0.2 | Rs. -0.23 | -15 % | -560 % |
Today, we’re looking at GMR Airports Infrastructure Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 19.06 %. However, it did see a marginal slip of -1.82 % from the previous quarter. Expenses decreased slightly by -7.62 % quarter-on-quarter, aligning with the annual rise of 19.04 %. Operating profit, while up 19.1 % compared to last year, faced a quarter-on-quarter increase of 9.75 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.01 %, but an expansion of 3.93 % sequentially. Other income fell by -46.5 % compared to the last quarter, despite an annual decline of -40.48 %. Interest expenses surged remarkably by 8.07 % from the previous quarter, yet the year-over-year increase remains at a moderate 49.78 %. Depreciation costs climbed by 15.16 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 57.7 %. Profit before tax declined annually by -623.02 % but saw a reduction from the preceding quarter by -81.72 %.
Tax expenses as a percentage of profits decreased slightly by -160.69 % compared to last year, with a more notable quarter-on-quarter decrease of -0.87 %. Net profit fell by -2104.57 % year-on-year but witnessed a -101.44 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -560 % but a quarterly fall of -15 %. In summary, GMR Airports Infrastructure Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2017.63 Cr | Rs. 2446.78 Cr | Rs. 2402.2 Cr | -1.82 % | + 19.06 % |
Expenses | Rs. 1265.11 Cr | Rs. 1630.13 Cr | Rs. 1505.94 Cr | -7.62 % | + 19.04 % |
Operating Profit | Rs. 752.52 Cr | Rs. 816.65 Cr | Rs. 896.26 Cr | + 9.75 % | + 19.1 % |
Net Profit | Rs. 16.84 Cr | Rs. -167.58 Cr | Rs. -337.57 Cr | -101.44 % | -2104.57 % |
EPS in Rs | Rs. 0.05 | Rs. -0.2 | Rs. -0.23 | -15 % | -560 % |
In reviewing GMR Airports Infrastructure Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 19.06 % year-on-year growth, although there was a slight dip of -1.82 % from the previous quarter. Expenses rose by 19.04 % compared to the previous year, with a decrease of -7.62 % quarter-on-quarter. Operating Profit surged by 19.1 % annually, and saw a 9.75 % increase from the last quarter.
Net Profit showed yearly decrease of -2104.57 %, and experienced a -101.44 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -560 % annually, however dipped by -15 % compared to the last quarter. In essence, while GMR Airports Infrastructure Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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