GAR Infrastructure Overview
Delhi Airport (DIAL)
Key Developments in Q3FY21 - Airport Business
Revenue (32% QoQ, 46% YoY)
Aero revenue (34% QoQ, ▼55% YoY)
Non-aero revenue (▲13% QoQ, ▼43% YoY)
✓ Retail incl. Duty Free (92% QoQ, 77% YoY)
CPD Rentals (6x QoQ, 57% YoY). YoY down on non-recognition of revenue w.r.t Bharti Realty
GAR
On a QoQ basis, Aero and Non-Aero revenues recovering strongly despite severe decline YoY due to Covid and
subsequent flight capacity restrictions
Operational EBITDA of INR 799 mn in Q3FY21 (vs INR 109 mn in Q2FY21, INR 2.9 bn in Q3FY20)
Hyderabad Airport (GHIAL)
.
Revenue (54% QoQ, 68% YoY)
O Aero revenue (56% QoQ, 71% YoY)
O
Non-aero revenue (▲50% QoQ, ▼60% YoY)
Retail incl. Duty Free (▲2.2x QoQ, 74% YoY)
Revenues recovering strongly QoQ despite severe decline YoY due to Covid and subsequent flight capacity
restrictions
·
Operational EBITDA of INR 348 mn in Q3FY21 (vs loss of INR 34 mn in Q2FY21, profit of INR 2.8 bn in Q3FY20)
Humility | Entrepreneurship I Teamwork and Relationships I Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual
11View entire presentation