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    HomeNewsBusinessEarningsGMR Infra likely to posts Q3 loss at Rs 11 cr

    GMR Infra likely to posts Q3 loss at Rs 11 cr

    GMR Infrastructure is set to report a loss after tax of Rs 11 crore for the quarter ended December 2010 as against profit after tax of Rs 9 crore in same period the previous year.

    February 09, 2011 / 11:21 IST
       
       
      26 Aug, 2025 12:21
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      GMR Infrastructure is set to report a loss after tax of Rs 11 crore for the quarter ended December 2010 as against profit after tax of Rs 9 crore in same period the previous year.


      Revenues are seen going up by 22% at Rs 1,305 crore from Rs 1,067 crore (YoY).


      Earning before interest, tax, depreciation and amortisation (EBITDA) is likely to go up by 13% at Rs 389 crore from Rs 345 crore while EBITDA margin is seen declining at 30% versus 32% (YoY).


      Revenue expectation
      -Earnings from core operations likely to improve
      -Traffic growth due to the buoyant macroeconomic environment in Q3 expected to augur well for the company
      -Poor EPC business turnover could impact overall revenue growth YoY


      Bottom line
      -Expect partial reduction in interest expense due to debt repayments to the tune of Rs 1600 crore in the previous quarter
      -Additional depreciation and interest expense on account of the T3 terminal at Delhi airport expected to impact bottom line

      Key factors to watch for going forward -
      -Revenue and profitability need to be monitored after full operationalisation of terminal T3 at Delhi airport
      -Air passenger traffic and vehicular traffic on road projects will also be key factors to monitor

      first published: Feb 9, 2011 11:20 am

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