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Investor Presentaiton

Key Developments in Q4FY19 - Airport Business GAR Delhi Airport (DIAL) • Robust revenue growth (12% YoY) despite Jet Airways debacle O Aero revenue (▲29% YoY) and Non-aero revenue (▲8% YoY) Aero revenue growth driven by o Implementation of BAC w.e.f. December 2018 o Recovery of unclaimed passenger UDF Non-aero revenue aided by growth in Retail incl. Duty Free (15% YoY) - Benefit from store expansion and currency tailwinds Land and space rental (▲13% YoY) - Led by new allotment Cargo (17% YoY) - Driven by tariff hike effective Oct 18 and volume uptick (▲11% YoY) Operational EBITDA (INR 1.8 bn in Q4FY19) ▲34% YoY Prevailing tariff extended till Sep 30, 2019 or determination of tariff for 3rd control period, whichever is earlier Hyderabad Airport (GHIAL) Revenue growth of 12% YoY led by aero ( 7% YoY) and non-aero (22% YoY) Non-aero revenue aided by growth in Fuel Farm (41% YoY) - Benefit from increased ATMs Retail incl. Duty Free (12% YoY) - Driven by increased spend per pax (SPP) Operational EBITDA ▲4% YoY driven by healthy revenue growth Humility | Entrepreneurship I Teamwork and Relationships | Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual 41
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