April 20, 2018 8:34 PM ET

Transportation Infrastructure

Company Overview of GMR Hyderabad International Airport Limited

Company Overview

GMR Hyderabad International Airport Limited operates and manages the Rajiv Gandhi International Airport in Shamshabad, India. The company offers maintenance, repair, and overhaul facility services; security services; cargo handling and airport allied services; and ground handling services, as well as develops commercial properties and special economic zone area near airport. It also operates duty free outlets at airport; and business hotel. The company was incorporated in 2002 and is based in Hyderabad, India. GMR Hyderabad International Airport Limited is a subsidiary of GMR Airports Limited.

GMR Aero Towers

Rajiv Gandhi International Airport

Shamshabad

Hyderabad,  500108

India

Founded in 2002

Phone:

91 40 6739 4099

Fax:

91 40 6739 3043

Key Executives for GMR Hyderabad International Airport Limited

Chief Executive Officer
MD & Director
Age: 54
Chief Financial Officer
Age: 47
Chief Operating Officer
Chief Operating Officer of Logistics
Age: 53
Compensation as of Fiscal Year 2017.

GMR Hyderabad International Airport Limited Key Developments

GMR Hyderabad International Airport Ltd. Begins Work on Hyderabad Airport Expansion

GMR Hyderabad International Airport Ltd. commenced work on the expansion of the Hyderabad airport and announced plans to develop a mega convention centre and an airport city. The expansion of the airport is being taken up three years ahead of planned expansion and will have two runways when the expansion is completed with a capability to handle up to 40 million passenger per annum. However the airport has the capacity to take up four runways and has facility to go up 100 mmpa.

GMR Hyderabad International Airport Limited Announces Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2017

GMR Hyderabad International Airport Limited announced unaudited consolidated earnings results for the nine months ended December 31, 2017. For the nine months, the company reported revenue from operations of INR 11,656.3 million compared to INR 10,126.3 million a year ago. Earnings before interest, tax, depreciation and amortization were INR 7,169.1 million compared to INR 6,408.3 million a year ago. Profit before tax was INR 4,373.8 million compared to INR 3,245.0 million a year ago. Profit attributable to equity holders of the parent was INR 3,970.8 million compared to INR 2,000.1 million a year ago. Basic and diluted earnings per equity share were INR 10.50 compared to INR 5.29 a year ago. Net cash flow from operating activities was INR 7,348.5 million compared to INR 6,225.3 million a year ago. Purchase of property, plant and equipment and intangible assets including capital work in progress, capital advances and intangible assets under development were INR 2,089.2 million compared to INR 865.9 million a year ago.

Malaysia Airports Signs Memorandum of Agreement to Promote and Develop Tourism to Malaysia

Malaysia Airports has signed a Memorandum of Agreement (MOA) in a ceremony held at Courtyard Marriott Hotel this morning. The MOA was signed between Malaysia Airports, Malaysia Tourism Promotion Board and GMR Hyderabad International Airport Limited, with the intention of promoting and developing tourism from Telangana State and South Central region of India to Malaysia, as well as positioning Hyderabad as a gateway to this region for tourism.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 2, 2018
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