GAR Infrastructure Overview
Key Developments in Q3FY21 - Airport Business
GAR
Cebu Airport
Revenue (56% QoQ, 88% YoY) in constant currency terms
Pax growth 3.2x QoQ, 96% YoY; Air traffic movement 3x QoQ, 94% YoY
。 Operating expenses 11% QoQ, 42% YoY
EBITDA loss at INR 98 mn in Q3FY21
Goa Airport
Construction & development works at project site were stopped temporarily during countrywide lockdown i.e. from
March 22, 2020 till April 20, 2020. The work resumed at site from April 21, 2020 with adherence to the guidelines
issued by Govt. of India and Govt. of Goa.
Work is now in full progress with physical activities being carried out simultaneously at various sites of the project.
-20% works completed as of December 31, 2020
As per the requirement, mobilization of adequate equipment and machinery at site is done and will be enhanced
for faster progress of the construction work
Humility | Entrepreneurship I Teamwork and Relationships I Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual
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