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GMR Airports Limited posted strong Q3 FY26 results, with standalone total income at Rs 1,255 crore and profit after tax of Rs 50.46 crore, flipping prior losses. Revenue soared from key airports like Delhi and Hyderabad, aided by lower depreciation and operational gains, amid ongoing litigations.
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GMR Airports Limited reported robust Q3 FY26 results for the quarter ended December 31, 2025, with standalone total income surging to Rs 1,255 crore and profit after tax reaching Rs 50.46 crore, reversing prior losses. This reflects improved operational performance amid airport traffic recovery and financial prudence. Key highlights include comprehensive income of Rs 51.06 crore and updates on litigations impacting subsidiaries.
Key Financial Highlights
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Total income rose sharply to Rs 1,254.78 crore from Rs 271.11 crore year-ago, driven by higher aviation and non-aviation revenues at key airports like Delhi and Hyderabad.
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Profit after tax stood at Rs 50.46 crore, compared to a Rs 49.43 crore loss in Q3 FY25 and Rs 133.38 crore loss in Q2 FY26, signaling a strong earnings turnaround.
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Total comprehensive income reached Rs 51.06 crore, supported by reduced depreciation from extended asset life estimates.
Operational And Strategic Updates
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The board approved unaudited standalone and consolidated results on February 13, 2026, alongside non-convertible bond utilization disclosure.
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Ongoing litigations at DIAL over monthly annual fees and GHIAL tariff matters persist, with hearings pending; these affect investment valuations.
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Group made provisions of Rs 69.65 crore for new labour codes and adjusted terminal building useful life to 50 years, cutting depreciation by Rs 111.69 crore.
Sources: Investywise.com, GMR Airports Investor Relations
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