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2025 to be Another Year of Growth and Expansion for GMR Airports
Justin Lee
February 24, 2025
© Wasiul Bahar / Wikipedia
The Group has seen significant year-on-year improvement in traffic and financials at its airports. Apart from winning the right to operate Nagpur Airport, it is also developing the other greenfield and brownfield airports in its portfolio.
GMR Airports reported that in the first nine months of FY25 (corresponding to the period between April and December 2024), its airports at Delhi, Hyderabad, Goa and Medan handled 88.8 million passengers, a 9% increase compared to the same period in the previous year.
It also reported a 17% year-on-year increase in total income for 9MFY25, reaching INR78.6bn, driven by traffic and tariff growth.
Aeronautical revenue per pax at Delhi and Hyderabad Airports was IN5 252, an 8% increase compared to the same period in the previous year, while non-aeronautical revenue per pax at the same airports was INR 360, a 2% increase compared to the same period in the previous year.
EBITDA grew by 24% year-on-year to INR30.6bn, while gross income grew by 18% year-on-year to INR87.6bn.
© Bharatahs / Wikipedia
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