Press Release on Audited Financial Results (Standalone and Consolidated) for the quarter and year ended March 31, 2026
GMRAIRPORT · price
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GMR Airports reported strong financial performance for FY26 with total income rising 40% YoY to INR 15,201 Crs and EBITDA up 47% YoY to INR 6,150 Crs, both record highs. The company reported PAT of INR 472 Crs in FY26, its first positive PAT in over a decade, compared to a loss of INR 817 Crs in FY25. Passenger traffic reached a record 121.6 million across all airports. Key highlights include Delhi Airport's aero revenue surging 178% post revised tariffs, Hyderabad Airport's PAT doubling to INR 427 Crs, and Mopa capturing 49% of Goa market share. The company expanded duty-free operations, commissioned new cargo terminals, and received INR 21 billion in 15-year NCDs at 7.6% to refinance dollar debt, with CRISIL upgrading GHIAL's outlook to Positive.
The turnaround to profitability after over a decade of losses marks a major inflection point for GMR Airports. Strong revenue growth, EBITDA margin expansion, and debt refinancing at better rates signal improving financial health and could boost investor confidence in the airport operator.