GMR Airports Limited (GAL) reported a profit after tax (PAT) of ₹65.4 crore in Q2FY27, compared with ₹35.1 crore in the corresponding quarter last year, according to an investor presentation filed with the NSE.
Revenue from operations rose 11.6% to ₹4,095.4 crore from ₹3,670 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) increased to ₹1,568.6 crore from ₹1,531.4 crore, while the EBITDA margin narrowed to 49% from 53% a year earlier.
For the first half of FY27, revenue from operations rose to ₹8,059.4 crore from ₹6,875.2 crore in the year-ago period. EBITDA increased to ₹3,136.2 crore from ₹2,811.6 crore, while the margin declined to 50% from 52%.
GAL reported a PAT of ₹213.3 crore in H1FY27, compared with a loss of ₹102.1 crore in the corresponding period last year. The company said it had recorded a profit for five consecutive quarters.
Passenger traffic at GMR-operated airports
Airports operated by GAL handled 2.8 crore passengers in Q2FY27. Domestic passenger traffic remained unchanged year-on-year, while international passenger traffic increased 2.1%.
In H1FY27, passenger traffic at these airports reached 5.84 crore, the highest first-half figure on record. Domestic traffic grew 1.1% year-on-year, while international traffic was almost unchanged.
Between July and September 2026, airports operated by GAL handled 29% of India’s total passenger traffic, with Delhi Airport accounting for 20%.
GAL-operated airports accounted for 27% of domestic passenger traffic and 35% of international passenger traffic. Delhi Airport’s respective shares were 18% and 27%.
This came as overall passenger traffic at Indian airports declined 3.1% year-on-year in April-September 2026. Domestic traffic fell 2.2%, while international traffic declined 7.1%.
GMR Airports shares closed 0.26% higher at ₹89.71 on Wednesday on the NSE.