GMR Airports, which runs the Delhi and Hyderabad airports, on Wednesday reported results for the July–September quarter of 2026–27. Net profit was ₹65.38 crore, up 86% from ₹35.06 crore a year earlier. Total income rose 12% to ₹4,188.49 crore from ₹3,754.38 crore.
Hyderabad airport
According to TaxGuru, the group's airports handled 28 million passengers in the quarter, up 1%. Delhi handled 18.1 million, Hyderabad 6.5 million and Goa's Mopa airport 0.9 million. Investywise reported that Hyderabad's aero revenue rose 8.3% and non-aero revenue rose 4.6% year on year.
Other highlights
- EBITDA was ₹1,568.57 crore, up about 2%.
- It was the fifth straight quarter of profit.
- Total comprehensive loss was ₹80.75 crore, against income of ₹14.30 crore a year earlier.
- Net debt stood at about ₹34,000 crore, unchanged from a year ago.
Whalesbook noted that tariff disputes involving the Hyderabad airport company (GHIAL) are still pending before the Supreme Court and TDSAT.
New deputy CEO
The company named Sanjeev Gupta, who has worked at Shell and Groupe ADP, as additional director and deputy CEO, effective October 29.
