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GMR Airports balance sheet is weak and might have solvency issues
Yes, The debt of GMR Airports is increasing.
Latest debt of GMR Airports is ₹34,370 Crs as of Sep-24.
This is greater than Mar-24 when it was ₹29,636 Crs.
No, profit is decreasing.
The profit of GMR Airports is -₹917.11 Crs for TTM, -₹559.27 Crs for Mar 2024 and -₹179.26 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
GMR Airports latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
Companies resources are majorly tied in miscellaneous assets