GMR Airports Ltd, part of GMR Infrastructure engaged in airport development, maintenance, and operation, delivered a notably improved financial performance in Q2FY26.
Financial Highlights:
- Revenues surged 47.09% year-on-year to ₹3,670 crore from ₹2,495 crore.
- Total expenses increased 17.7% to ₹3,697 crore from ₹3,141 crore.
- Consolidated net profit turned positive to ₹35 crore from a loss of ₹429 crore.
- Earnings per share improved to -₹0.04 from -₹0.27.
The strong recovery in profitability followed robust growth in airport traffic and operational efficiencies, aiding in reversing prior losses despite increased expenses.
Outlook:
GMR Airports is focused on leveraging rising passenger volumes, enhancing non-aeronautical revenue streams, and optimizing operational performance. Expansion projects and partnerships in new geographies are expected to bolster future growth, supporting sustained profitability and value creation.
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