Jefferies has turned cautious on India’s travel sector as the Iran–Middle East war hurts international traffic, lifts fuel costs and weaken...

GMR Infrastructure in its performance highlights said Delhi Airport and Hyderabad Airports exhibited strong recovery of international traff...

The total income rose to Rs 2,135 crore during the quarter under review, compared to Rs 1,448 crore in the corresponding quarter of the pre...

Its consolidated total income during the January-March period dropped marginally to Rs 2,519.25 crore from Rs 2,554.31 crore a year ago.

The company had posted a net loss of Rs 458 crore during the same quarter a year ago, GMR Infrastructure said in a BSE filing.

The consolidated total income for the quarter under discussion was at Rs 2,554.21 crore. It was Rs 2293 crore in Q4FY19, it said.

The analyst suggested a stop loss at Rs 20.5.

Consolidated total income stood at Rs 2293.63 crore during the quarter under discussion.

While revenue from airports business grew by 11.86 per cent to Rs 1,315.52 crore.

Total comprehensive loss during the April- June quarter of preceding fiscal stood at Rs 190 crore.

On NSE, shares of the company jumped 19.73 per cent to Rs 17.90.

The company's standalone total revenue declined to Rs 272.47 crore compared to Rs 395.25 crore last year.

"We completely deny sale of controlling stake in Hyderabad Airport,"GMR Infrastructure said in a clarification to the BSE.

DIAL, the joint venture operating the international airport in the national capital, saw its accumulated losses reduce to Rs 233.09 crore i...

GMR Infrastructure holds 90 per cent stake in expressways, a special purpose vehicle set up for the road project, CARE said in a statement.

GMR Infrastructure's consolidated net loss has widened almost three and half times year-on-year basis to Rs 326 crore.

GMR Infrastructure is in talks with private equity investors to raise $250-300 million through stake sales in some of its road projects.