{"id":580491,"date":"2023-05-30T09:34:47","date_gmt":"2023-05-30T04:04:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=580491"},"modified":"2023-05-30T10:49:32","modified_gmt":"2023-05-30T05:19:32","slug":"gmr-infra-shares-tank-11-as-q4-loss-widens-to-rs-637-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gmr-infra-shares-tank-11-as-q4-loss-widens-to-rs-637-crore\/","title":{"rendered":"GMR Infra shares tank 11% as Q4 loss widens to Rs 637 crore"},"content":{"rendered":"<p>Shares of GMR Airports Infrastructure tanked 11% to Rs 40.1 in Monday&#8217;s trade on BSE after the company posted a consolidated loss of Rs 637 crore in Q4 FY23 as against a loss of Rs 129 crore in the corresponding quarter last year.<\/p>\n<p>It posted revenue from operations at Rs 1895 crore, up 47.6% as against Rs 1284 crore in the fourth quarter of FY22. EBITDA decreased by 49% YoY from Rs 471 crore in Q4FY22 to Rs 241 crore in Q4FY23 primarily due to the commencement of revenue share payment to AAI from April 2022. On a QoQ basis, EBITDA declined by 19% in Q3FY23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of GMR Airports Infrastructure tanked 11% to Rs 40.1 in Monday&#8217;s trade on BSE after the company posted a consolidated loss of Rs 637 crore in Q4 FY23 as against a loss of Rs 129 crore in the corresponding quarter last year. It posted revenue from operations at Rs 1895 crore, up 47.6% as against Rs 1284 crore in the fourth quarter of FY22. EBITDA decreased by 49% YoY from Rs 471 crore in Q4FY22 to Rs 241 crore in Q4FY23 primarily due to the commencement of revenue share payment to AAI from April 2022. On a QoQ basis, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-580491","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=580491"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580491\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=580491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=580491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=580491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}