GMR Airports' Q4 FY 2025-26 Quarterly Results

Result Summary

• GMR Airports Ltd reported a 1.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 35.8%.
• Its expenses for the quarter were up by 6.0% QoQ and 18.0% YoY.
• The net profit increased 130.2% QoQ and decreased 258.5% YoY.
• The earnings per share (EPS) of GMR Airports Ltd stood at 0.23 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

---

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

GMR Airports Ltd is a prominent player in the aviation infrastructure industry, primarily involved in the development, operation, and management of airports. The company is known for its extensive portfolio of airport projects across India and globally. GMR Airports manages some of the busiest airports in India, including the Indira Gandhi International Airport in Delhi and the Rajiv Gandhi International Airport in Hyderabad. The company focuses on providing high-quality airport services, enhancing passenger experience, and integrating cutting-edge technology to streamline operations. However, specific recent developments or strategic initiatives are not available in the provided data.

Revenue

In the fourth quarter of the fiscal year 2026 (Q4FY26), GMR Airports Ltd reported a total income of ₹4042.90 crores. This represents a slight decrease of 1.0% from the previous quarter (Q3FY26), where the total income was ₹4082.77 crores. Despite the quarter-over-quarter decline, the company experienced a significant year-over-year increase of 35.8% compared to the total income of ₹2976.76 crores in the fourth quarter of the fiscal year 2025 (Q4FY25). The increase in total income over the year may reflect changes in passenger volumes, expansion of airport services, or adjustments in tariffs and fees.

Profitability

The profitability metrics for GMR Airports Ltd demonstrate noteworthy changes during Q4FY26. The company reported a profit before tax of ₹141.03 crores, which is a decrease of 37.2% from the previous quarter's ₹224.63 crores. However, compared to Q4FY25, where the company faced a loss before tax of ₹233.66 crores, there is a notable improvement. The tax expense for Q4FY26 was recorded as a negative ₹98.18 crores, showing a substantial decrease from ₹71.73 crores in Q3FY26 and ₹56.82 crores in Q4FY25. Profit after tax for Q4FY26 surged to ₹400.49 crores, marking a 130.2% increase from Q3FY26 and a stark contrast to the loss of ₹252.66 crores in Q4FY25. Earnings per share also rose to ₹0.23 in Q4FY26 from ₹0.12 in Q3FY26, and from a negative ₹0.23 in Q4FY25.

Operating Metrics

The total expenses for GMR Airports Ltd in Q4FY26 were ₹3895.47 crores, which is a 6.0% increase from ₹3675.02 crores in Q3FY26 and an 18.0% increase from ₹3300.48 crores in Q4FY25. This trend indicates an upward movement in operational costs, possibly linked to expanding airport operations, increased staffing, or other operational enhancements. The company's financial data for the quarter also highlights significant variations in tax and profit figures, which can be tied to changes in financial structuring or tax planning efforts during the period. The fluctuations in expenses and profits are critical considerations for understanding the company's operational dynamics and financial health.