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• GMR Airports Ltd reported a net profit of INR 400.49 crore in the March quarter of FY26, compared to a loss of INR 252.66 crore in the year-ago period.
• The company posted its first full-year profit in more than a decade at INR 472 crore, supported by strong passenger traffic growth and higher operational income.
• Total income rose to INR 4,042.90 crore in the March quarter, while annual income increased to INR 15,200.75 crore in FY26.
• GMR-operated airports handled a record 121.6 million passengers during FY26, with Delhi Airport alone accounting for 78.7 million passengers.
• The company said passenger traffic remained resilient despite runway upgrades, airline schedule changes, evolving airspace conditions and global geopolitical challenges.
GMR Airports Ltd reported a consolidated profit of INR 400.49 crore for the quarter ended March 2026, marking a significant recovery from the loss of INR 252.66 crore recorded in the same period last year. Advertisement
The airport operator’s total income rose to INR 4,042.90 crore during the quarter, compared to INR 2,976.76 crore in the corresponding period of the previous financial year, according to a regulatory filing released during the past week.
For the full FY26 financial year, the company posted a net profit of INR 472 crore, its first full-year profitability in more than ten years. In FY25, the company had remained in the red amid high operational costs, debt servicing obligations and aviation sector disruptions that had impacted airport operators across the country over the past few years.
The company’s annual total income increased sharply to INR 15,200.75 crore in FY26 from INR 10,835.89 crore a year earlier. GMR Airports stated in its investor presentation that the positive Profit After Tax reflected improved operational performance, traffic recovery and stronger contribution from airport businesses.
GMR Airports, which operates major airports including Delhi and Hyderabad, handled 31.7 million passengers across its network during the March quarter. For the full fiscal year, passenger traffic reached a record 121.6 million.
Delhi Airport continued to remain the company’s largest traffic hub, handling 21.2 million passengers during the quarter and 78.7 million passengers in FY26. The airport has continued to witness strong domestic and international travel demand despite temporary runway upgrade works and airline scheduling adjustments over recent months.
According to the investor presentation, airports operated by the company accounted for 27 per cent of India’s total passenger traffic in FY26. Its share stood at 26 per cent in domestic traffic and 34 per cent in international traffic, underlining the company’s strong position in the aviation infrastructure sector.
International passengers contributed around 24 per cent of the total traffic handled by GMR-operated airports during both the March quarter and the full financial year.
The company also noted that passenger traffic remained resilient throughout FY26 despite a challenging operating environment. It cited changing airspace conditions, isolated aviation incidents, temporary flight schedule adjustments, runway modernisation work at Delhi Airport and ongoing geopolitical developments as factors affecting aviation operations during the year.
Over the past few years, GMR Airports has focused on expanding non-aeronautical revenue streams, improving airport infrastructure and strengthening operational efficiency across its assets. The company has also continued work on capacity enhancement projects at key airports to support rising air travel demand in India.
Source PTI
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