GPT Infraprojects (NSE:GPTINFRA) Interest Expense : ₹-327 Mil (TTM As of Mar. 2024)

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What is GPT Infraprojects Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. GPT Infraprojects's interest expense for the three months ended in Mar. 2024 was ₹ -80 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-327 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. GPT Infraprojects's Operating Income for the three months ended in Mar. 2024 was ₹ 305 Mil. GPT Infraprojects's Interest Expense for the three months ended in Mar. 2024 was ₹ -80 Mil. GPT Infraprojects's Interest Coverage for the quarter that ended in Mar. 2024 was 3.82. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

GPT Infraprojects Interest Expense Historical Data

The historical data trend for GPT Infraprojects's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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GPT Infraprojects Interest Expense Chart

GPT Infraprojects Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-365.49

-359.39

-351.94

-374.22

-327.25

GPT Infraprojects Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-96.81	-86.90	-81.67	-78.87	-79.81

GPT Infraprojects Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-327 Mil.

GPT Infraprojects (NSE:GPTINFRA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

GPT Infraprojects's Interest Expense for the three months ended in Mar. 2024 was ₹-80 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹305 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹262 Mil.

GPT Infraprojects's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	304.985	/	-79.808
	=	3.82

The higher the ratio, the stronger the company's financial strength is.

GPT Infraprojects (NSE:GPTINFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GPT Infraprojects Ltd (NSE:GPTINFRA) » Definitions » Interest Expense

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533761:India

Address

GPT Centre, JC-25, Sector-III, Salt Lake, Kolkata, WB, IND, 700 106

Website

https://www.gptinfra.in

GPT Infraprojects Ltd is an infrastructure company engaged in the manufacturing of concrete sleepers and allied. It also fabricates steel bridges. The segments that it operates include Concrete Sleepers, which consists of the manufacturing of concrete sleepers, a supply of plant and machinery and components for the manufacturing of concrete sleepers, and Infrastructure, which consists of the execution of construction contracts and other infrastructure activities. It manufactures a range of monoblock and pre-stressed concrete (PSC) sleepers for varied track applications, such as Line sleepers, Bridge deck sleepers, level crossing, and switches expansion joints, and Others. It can offer a range of solutions for road and railway infrastructure. the company majorly operates in India.

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