[ad_1] GMR Airports Ltd on Friday (March 7) said it has completed the acquisition of a 10% equity stake in Delhi International Airport Ltd (DIAL) from Fraport AG Frankfurt Airport Services Worldwide. Following this transaction, GMR’s shareholding in DIAL has increased from 64% to 74%. The acquisition, originally announced on September 9, 2024, was finalised […]
GMR Airports Q3 Results | Firm swings to black, posts ₹202 crore, traffic growth drives 19% rise in revenue – CNBC TV18
[ad_1] GMR Airports Ltd (GAL) on Tuesday (January 28) reported a net profit of ₹202.1 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, GMR Airports posted a net loss of ₹486.4 crore, the company said in a regulatory filing. Company Value Change %Change The company’s […]
GMR Airports December passenger traffic rises 9% to 1.08 crore – CNBC TV18
[ad_1] GMR Airports Ltd on Friday (January 17) said it has achieved its highest-ever passenger traffic in December 2024, handling 1.08 crore passengers, up 9% year-on-year and 6% month-on-month. Company Value Change %Change Aircraft movements for the month grew 7% year-on-year and 5% month-on-month to 64,364. In YTD FY25, GMR Airports surpassed 88.8 million passengers […]
GMR Airports to acquire 50% stake in Bird Delhi General Aviation Services for ₹15 crore – CNBC TV18
[ad_1] GMR Airports Ltd on Wednesday (January 8) announced its entry into a Share Purchase Agreement to acquire up to 5,00,000 equity shares and 1,90,00,000 Non-Cumulative Compulsorily Convertible Preference Shares (CCPS) of Bird Delhi General Aviation Services Private Ltd (BDGASPL), representing 50% of its paid-up share capital. Company Value Change %Change “…this is to inform […]
GMR Airports handle record 11.2 million passengers in November 2024 – CNBC TV18
[ad_1] GMR Airports Ltd on Monday (December 16) said it has reported record-breaking passenger traffic in November 2024, handling over 11.2 million passengers across its network, a 13.6% year-on-year growth. Domestic traffic increased by 14.3% year-on-year while international traffic rose 11.3% year-on-year, sustaining monthly volumes above 10 million since December 2023. Company Value Change %Change […]
GMR Airports Business Update | 9% growth in October passenger traffic with nearly 11 million travellers – CNBC TV18
[ad_1] GMR Airports Ltd on Monday (November 18) reported growth in October 2024, handling over 10.7 million passengers, marking a 9.2% year-on-year (YoY) increase. This includes 9.2% YoY growth in both domestic and international traffic. Sustained traffic levels exceeding 10 million passengers per month have been recorded since December 2023. Aircraft movements rose 9% YoY […]
GMR Airports business update: September traffic up 9% – CNBC TV18
[ad_1] GMR Airports Ltd on Wednesday (October 16) reported strong growth in passenger and cargo traffic for September 2024 and the first half of FY25. In September, total passenger traffic rose 9% year-over-year to 10.2 million, despite a 4% dip month-over-month. Domestic passenger traffic increased 7.5% year-over-year, while international traffic rose by 12.2% year-over-year. Aircraft […]
GMR Airports reports 9% growth in August passenger traffic – CNBC TV18
[ad_1] GMR Airports Ltd on Friday (September 13) reported a 9% year-on-year (YoY) increase in passenger traffic for August 2024, handling more than 10.6 million passengers across its airports. This growth marks a steady upward trend, with passenger numbers exceeding 10 million every month since December 2023. Domestic passenger traffic increased by 7.4% YoY, while […]