GMR Airports Q3 revenue drops 54% regardless of robust income development – CNBC TV18 – Company Technique & Outlook

GMR Airports Ltd on Friday (February 14) reported a pointy 54.4% year-on-year decline in internet revenue to ₹121.8 crore in Q3FY26, in contrast with ₹267 crore a yr in the past. Nonetheless, its income surged 50.5% to ₹3,994 crore from ₹2,653 crore, supported by larger passenger visitors and improved working efficiency.

The corporate mentioned whole revenue elevated 49% YoY to ₹4,083 crore, whereas EBITDA climbed 65% to a brand new excessive of ₹1,789 crore. As per the submitting, Delhi Airport posted its highest-ever EBITDA.

Passenger visitors additionally noticed a surge, with GAL-owned airports dealing with 31.9 million passengers in the course of the quarter. Delhi Airport dealt with 20.8 million passengers, Hyderabad Airport managed 7.8 million, and Mopa (Goa) Airport recorded its visitors at 1.46 million passengers.

Delhi Airport (DIAL) reported whole revenue of ₹2,019 crore in Q3FY26, up 41% year-on-year from ₹1,430 crore in Q3FY25. The rise was pushed by aero revenues, which rose 173% YoY following the implementation of revised tariffs, whereas non-aero revenues grew 11% in the course of the quarter. For 9MFY26, whole revenue elevated 38% to ₹5,634 crore from ₹4,097 crore in 9MFY25.

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Whereas Hyderabad Airport (GHIAL) reported whole revenue of ₹659 crore in Q3FY26, up 8.2% year-on-year from ₹609 crore in Q3FY25, with aero income rising 5.6% YoY and non-aero income rising 23.7%.

For 9MFY26, whole revenue grew 11.1% to ₹1,957 crore from ₹1,761 crore in 9MFY25. EBITDA elevated 10.9% YoY to ₹429 crore in Q3FY26 from ₹387 crore, with quarterly EBITDA remaining close to document highs. For 9MFY26, EBITDA rose 11.8% to ₹1,249 crore from ₹1,117 crore.

GAL additionally claimed that 42% of its water consumption was met by recycled water. It added that Delhi Airport turned the primary Indian airport to obtain the IGBC Internet Zero Waste to Landfill Platinum Certification.

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GMR Airports Ltd shares closed at ₹94.08 on the NSE on Friday, down ₹2.25 or 2.34%.