GMR Airports Q2 results: Profit rises to ₹65 crore as revenue grows 12%

GMR Airports Limited reported a profit after tax 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 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 airportsAirports 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.Also Read: Jio Platforms Listing Highlights: Stock ends historic debut 27% higher, market cap crosses ₹13 lakh crore