Are GMR Airports latest results good or bad?
GMR Airports reported mixed results for Q1 2025, with net sales and operating profit reaching their highest in five quarters, but a significant loss in profit after tax of Rs -327.65 crore indicates ongoing profitability challenges.
GMR Airports has reported its financial results for the quarter ending March 2025, revealing a mixed operational performance. The company's net sales reached Rs 2,863.34 crore, which is the highest figure recorded in the last five quarters, indicating a positive trend in sales. Additionally, the operating profit (PBDIT) increased to Rs 1,009.32 crore, also the highest in the same timeframe, suggesting some operational strength.However, the results also highlight significant challenges. The profit after tax (PAT) was reported at Rs -327.65 crore, reflecting a substantial decline compared to the previous year. Similarly, the profit before tax (PBT) stood at Rs -399.32 crore, indicating a negative trend year on year.
Overall, the financial results suggest that while GMR Airports has achieved notable sales and operating profit figures, it continues to face considerable difficulties in profitability. Furthermore, the company saw an adjustment in its evaluation over the last three months, reflecting the current sentiment surrounding its performance.
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