GMR Airports Inf sees flat financial performance in Q2 FY25, with some positive and negative trends

GMR Airports Infrastructure, a largecap company in the capital goods industry, has recently declared its financial results for the quarter ending September 2024. According to the latest report, the company has seen a flat performance in terms of financials, with a slight improvement in its overall score.

One of the key highlights of the financial results is the company’s strong operating cash flow, which has been the highest in the last three years at Rs 3,880.10 crore. This indicates that GMR Airports Inf has generated higher cash revenues from its business operations. Additionally, the company’s net sales for the quarter have also shown a positive trend, with the highest recorded at Rs 2,495.46 crore in the last five quarters. This is a growth of 20.93% year on year, indicating a positive sales trend in the near term.

However, there are some areas that have not performed well for GMR Airports Inf in the quarter ending September 2024. The company’s profit before tax less other income (PBT) has fallen by -164.80% year on year, and the profit after tax (PAT) has also seen a decline of -144.8% year on year. This is a concerning trend, and the company’s near term PBT and PAT trends are very negative. Additionally, the interest cost for the quarter has increased by 15.91% quarter on quarter, indicating a rise in borrowings.

Overall, GMR Airports Infrastructure has shown a mixed performance in its financial results for the quarter ending September 2024. While there are some positive aspects such as strong operating cash flow and positive sales trend, there are also some concerns with declining profits and increasing interest costs. Investors should carefully analyze the company’s financials before making any investment decisions.