Earnings Alerts

GMRI Earnings: GMR Airports Infrastructure Reports 1Q Net Loss of 1.42B Rupees Amid 19% Revenue Growth

  • GMR Airports Infra reported a net loss of 1.42 billion rupees in Q1 2024.
  • The net loss increased significantly from 298 million rupees in the same quarter the previous year.
  • Revenue for the quarter was 24.02 billion rupees, marking a 19% increase year-over-year.
  • Total costs also rose by 19% year-over-year, amounting to 15.1 billion rupees.
  • Investment recommendations include 1 buy, 0 holds, and 2 sells.

A look at GMR Airports Infrastructure Smart Scores

FactorScoreMagnitude
Value0
Dividend1
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores analysis for GMR Airports Infrastructure, the company shows a promising long-term outlook. With strong scores in Growth, Resilience, and Momentum, GMR Airports Infrastructure is positioned to capitalize on future opportunities and navigate market challenges effectively. The company’s robust Growth and Momentum scores indicate that it is poised for expansion and market success, while its high Resilience score suggests a stable and enduring business model.

GMR Infrastructure, a diversified infrastructure company with a focus on airports, power, and roads, is actively involved in various development and operational projects across India. Notably, the company is developing a new international airport in Hyderabad and managing the operations of the Delhi airport. With a strategic emphasis on growth, resilience, and momentum, GMR Airports Infrastructure is primed for sustained success in the dynamic infrastructure sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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