GMR AIRPORTS LIMITED — Important, 24-10-2024: Financial Result Updates

GMR Airports Limited announced its unaudited financial results for the quarter and half-year ending September 30, 2024. The company reported a net loss and revealed plans to raise up to Rs. 1,500 crore through the issuance of Non-Convertible Bonds. Additionally, the merger of the erstwhile GMR Airports Limited with GMR Infra Developers Limited has been approved, leading to a change in the company’s name. Comprehensive financial details have been disclosed, reflecting ongoing operational challenges and strategic developments.