Investor Presentaiton

GMR Airports: Focus on Emerging Markets Private Equity Investors 5.86%^^ GMR Infrastructure Ltd 91.95%^^ GMR Airports Ltd (GAL) 64% 63% Delhi Airport (DIAL) Hyderabad Airport (GHIAL) 100% Goa Airport (Mopa) 100% 67%* Duty Free (DDFS) Duty Free ** 21.6% Crete Airport, Greece 26% 100% Cargo (Celebi) Hotel (GHRL) ** 49% 100% Advertising (TIMDAA) Cargo (GHACLPL) # Mactan Cebu, Philippines 40% 26% 100% Fuel Farm (DAFFL) MRO 90%* 49% Car Park (DAPS) Advertising (Laqshya) Clark Airport, Philippines^^ 50% 40% 100% F&B (TFS) Real Estate 50% Delhi Aviation Services 26% IT JV GAR *Includes both direct & indirect holding ** Duty Free business merged with GHRL ^^ Post PE Settlement #Wholly owned subsidiary of GHIAL w.e.f Nov'18 Operational Under Development Subsidiaries/ JVs EPC Humility | Entrepreneurship I Teamwork and Relationships I Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual 14

View entire presentation