Integrated Filing — IndAS

General information about company
Scrip Code	532754
NSE Symbol	GMRAIRPORT
MSEI Symbol	NOTLISTED
ISIN	INE776C01039
Name of company	GMR AIRPORTS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	22-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	17-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Airports
Start date and time of board meeting	22-May-2025   17:00:00
End date and time of board meeting	22-May-2025   20:50:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	28633400000	104142400000
	Other income	1134200000	4216500000
	Total income	29767600000	108358900000
2	Expenses
(a)	Cost of materials consumed	428000000	1635300000
(b)	Purchases of stock-in-trade	252600000	1642600000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	150800000	-121300000
(d)	Employee benefit expense	3935200000	14859000000
(e)	Finance costs	9551600000	37046700000
(f)	Depreciation, depletion and amortisation expense	4913000000	19104300000
(f)	Other Expenses
1	Revenue share paid/ payable to concessionaire grantors	7747700000	26347800000
2	Other expenses	5866300000	21105600000
3	Foreign exchange fluctuations loss (net)	26100000	25400000
4	Sub-contracting expenses	133500000	988700000
	Total other expenses	13773600000	48467500000
	Total expenses	33004800000	122634100000
3	Total profit before exceptional items and tax	-3237200000	-14275200000
4	Exceptional items	900600000	6073900000
5	Total profit before tax	-2336600000	-8201300000
6	Tax expense
7	Current tax	349200000	1115300000
8	Deferred tax	219000000	700600000
9	Total tax expenses	568200000	1815900000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	-2904800000	-10017200000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	378200000	1848200000
16	Total profit (loss) for period	-2526600000	-8169000000
17	Other comprehensive income net of taxes	-24300000	109900000
18	Total Comprehensive Income for the period	-2550900000	-8059100000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	-2375900000	-3928500000
	Total profit or loss, attributable to non-controlling interests	-150700000	-150700000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-2507800000	-4471200000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-43100000	-3587900000
21	Details of equity share capital
	Paid-up equity share capital	10559000000	10559000000
	Face value of equity share capital	1	1
27	Details of debt securities
22	Reserves excluding revaluation reserve		-28447200000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	-0.23	-0.43
	Diluted earnings (loss) per share from continuing operations	-0.23	-0.43
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	-0.23	-0.43
	Diluted earnings (loss) per share from continuing and discontinued operations	-0.23	-0.43
24	Debt equity ratio	-0.2136	-0.2136
25	Debt service coverage ratio	0.0102	0.0057
26	Interest service coverage ratio	0.0116	0.0113
27	Disclosure of notes on financial results		Consolidated n Quarter ended Year Ended n t March 31, 2025 March 31, 2025 nNetworth (Rs. in crore) (1788.82)t (1788.82) nCurrent Ratio (no. of times) 0.66t 0.66 nLong term debt to Working Capital (no. of times) (11.32) (11.32) nCurrent liability ratio (no. of times) 0.18 0.18 nTotal Debt to Total Assets (no. of times) 0.78 t 0.78 nTrade Receivable turnover ratio (no. of times) (Annualised) 12.90 11.73 nNet profit margin (%) (8.82) % (7.84)% nOperating margin (%) 39.21% 40.21% nInventory turnover ratio (no. of times) (Annualised) 2.27tt 2.16 nDebenture redemption reserve (Rs. in crore)t t 253.00tt 253.00 nOutstanding redeemable preference shares (Rs. in crore) t NAtt NA nBad debts to account receivable (no. of times) t NAtt NA n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	267557400000
	Capital work-in-progress	38019400000
	Investment property	0
	Goodwill	4366800000
	Other intangible assets	10251900000
	Intangible assets under development	64000000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	13450800000
	Non-current financial assets
	Non-current investments	2827400000
	Trade receivables, non-current	0
	Loans, non-current	25598800000
	Other non-current financial assets	31045700000
	Total non-current financial assets	59471900000
	Deferred tax assets (net)	6002600000
	Other non-current assets	29898800000
	Total non-current assets	429083600000
2	Current assets
	Inventories	1622300000
	Current financial asset
	Current investments	26599400000
	Trade receivables, current	5309400000
	Cash and cash equivalents	5556600000
	Bank balance other than cash and cash equivalents	3882600000
	Loans, current	1176200000
	Other current financial assets	11457700000
	Total current financial assets	53981900000
	Current tax assets (net)	0
	Other current assets	2751900000
	Total current assets	58356100000
3	Non-current assets classified as held for sale	127900000
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	487567600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	10559000000
	Other equity	-35593200000
	Total equity attributable to owners of parent	-25034200000
	Non controlling interest	7146000000
	Total equity	-17888200000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	337240100000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	43600400000
	Total non-current financial liabilities	380840500000
	Provisions, non-current	482900000
	Deferred tax liabilities (net)	1975500000
	Deferred government grants, Non-current	0
	Other non-current liabilities	33559000000
	Total non-current liabilities	416857900000
	Current liabilities
	Current financial liabilities
	Borrowings, current	39097000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1729700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	8324600000
	Total Trade payable	10054300000
	Other current financial liabilities	24199700000
	Total current financial liabilities	73351000000
	Other current liabilities	12424200000
	Provisions, current	2800600000
	Current tax liabilities (Net)	22100000
	Deferred government grants, Current	0
	Total current liabilities	88597900000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	505455800000
	Total equity and liabilites	487567600000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	345600000	1953200000
	Total Amount of items that will not be reclassified to profit and loss	345600000	1953200000
2	Income tax relating to items that will not be reclassified to profit or loss	400000	318600000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	-366000000	-1526000000
	Total Amount of items that will be reclassified to profit and loss	-366000000	-1526000000
4	Income tax relating to items that will be reclassified to profit or loss	3500000	-1300000
5	Total Other comprehensive income	-24300000	109900000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			-8201300000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			35239500000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			0
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-6233700000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			0
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			6912100000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			19104300000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			25400000
	Adjustments for dividend income			94300000
	Adjustments for interest income			3727700000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-1507900000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			90900000
	Other adjustments to reconcile profit (loss)			-6073900000
	Other adjustments for non-cash items			58200000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			43792900000
	Net cash flows from (used in) operations			35591600000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1166000000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			34425600000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			10685900000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			38200000
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			55600000
	Purchase of property, plant and equipment			41288800000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			465200000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			2316500000
	Interest received			2511400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			10792400000
	Net cash flows from (used in) investing activities	-36725800000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			55726900000
	Repayments of borrowings			34884400000
	Payments of lease liabilities			1335900000
	Dividends paid			737100000
	Interest paid			29931700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			1063500000
	Net cash flows from (used in) financing activities			-10098700000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-12398900000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-7700000
	Net increase (decrease) in cash and cash equivalents			-12406600000
	Cash and cash equivalents cash flow statement at beginning of period			17946400000
	Cash and cash equivalents cash flow statement at end of period			5539800000