GMR Airports quarterly results

Q2 FY27 · Jul–Sep 2026

₹ crore	Q2 FY27	Q2 FY26	Change
Revenue	4,095	3,670	+11.6%
EBITDA	1,476	1,447	+2.0%
EBITDA margin	36.0%	39.4%	−3.4 pts
Profit before tax	82.5	92.5	−10.8%
Net profit	65.4	35.1	+86.5%
EPS	−₹0.01	−₹0.04	—

Every quarter

₹ crore except per share

Tap a line for its trend	Q2 FY27Sep 2026	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Earlier quartersAlpha Plus

Expenses
	4,095	3,964	3,938	3,994	3,670	3,205	2,863	2,653	2,495	2,402	2,447	2,227	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	93.1	121	105	88.7	84.4	115	113	95.0	103	120	124	124
	4,188	4,085	4,043	4,083	3,754	3,321	2,977	2,748	2,598	2,522	2,570	2,351
	61.4	62.6	54.6	58.4	55.0	59.8	42.8	41.2	43.0	36.6	30.9	26.4
	265	233	284	230	554	40.1	25.3	65.7	41.8	31.5	11.7	53.2
	−27.8	19.2	−38.1	55.5	−375	3.3	15.1	−20.6	−7.9	1.3	22.7	−18.9
	459	460	442	435	432	408	394	386	368	338	356	321
	993	938	950	917	1,043	949	955	829	1,031	889	823	857
	493	456	452	465	431	489	491	479	474	466	405	393
	1,862	1,742	1,751	1,515	1,557	1,529	1,377	1,189	1,191	1,098	1,209	1,176
	4,106	3,910	3,895	3,675	3,697	3,478	3,300	2,969	3,141	2,862	2,858	2,808
	1,476	1,447	1,445	1,701	1,447	1,165	1,009	992	859	896	817	669
	982	992	993	1,236	1,016	676	518	513	385	430	412	276
Profit
	82.5	174	147	408	57.5	−158	−324	−221	−543	−339	−287	−457
	0.0	0.0	−6.4	−183	35.0	46.0	90.1	409	109	0.0	101	−30.4
	82.5	174	141	225	92.5	−112	−234	187	−435	−339	−187	−488
	33.2	57.4	10.1	48.5	61.3	44.0	34.9	27.7	25.6	23.3	14.1	17.4
	38.8	17.8	−108	23.3	6.8	28.1	21.9	16.5	17.1	14.5	5.1	4.2
	72.0	75.2	−98.2	71.7	68.1	72.1	56.8	44.2	42.8	37.8	19.2	21.6
	54.8	49.1	161	21.1	10.6	46.6	37.8	58.9	48.6	39.5	38.3	22.7
	65.4	148	400	174	35.1	−137	−253	202	−429	−338	−168	−486
	10.5	98.9	239	153	24.4	−184	−290	143	−477	−377	−206	−509
	−62.5	−2.9	−165	−22.5	79.0	−28.0	−2.4	−138	172	−20.7	−90.4	145
	2.9	145	236	151	114	−165	−255	63.9	−256	−358	−258	−342
	−14.9	91.0	302	122	−37.1	−212	−238	267	−280	−142	−121	−317
	80.3	56.9	98.1	52.1	72.2	74.5	−15.1	−64.7	−148	−196	−46.6	−169
Per share
	−₹0.01	₹0.09	₹0.29	₹0.12	−₹0.04	−₹0.20	−₹0.23	₹0.25	−₹0.29	−₹0.23	−₹0.20	−₹0.53
	−₹0.01	₹0.07	₹0.23	₹0.12	−₹0.04	−₹0.20	−₹0.23	₹0.22	−₹0.29	−₹0.23	−₹0.20	−₹0.53
Other comprehensive income — detail
	−62.5	−2.9	−165	−22.5	79.0	−28.0	−2.4	—	—	—	—	—
	14.6	−54.2	−67.8	−51.6	−45.7	−53.0	34.6	−38.2	−41.0	21.9	−23.5	−22.7
	2.8	−0.1	7.7	−0.4	−0.2	−0.0	0.0	—	—	—	—	—
	—	—	—	—	—	—	—	−0.4	−0.1	5.8	0.0	0.0
	−73.9	50.1	−88.6	36.3	138	32.3	−36.6	−108	247	−36.8	−66.9	195
	0.4	−1.1	0.7	7.5	13.9	7.3	0.4	—	—	—	—	—
	—	—	—	—	—	—	—	−7.2	33.3	−0.0	0.0	28.1
	−80.8	78.5	157	96.4	14.3	−244	−251	171	−185	−182	−150	−288
	83.6	66.6	78.3	55.1	99.7	79.4	−4.3	−107	−71.8	−176	−108	−53.5
Per share — as-filed variants
	−₹0.01	₹0.09	₹0.29	₹0.12	−₹0.04	−₹0.20	−₹0.23	₹0.25	−₹0.29	−₹0.23	−₹0.20	−₹0.53
	−₹0.01	₹0.07	₹0.23	₹0.12	−₹0.04	−₹0.20	−₹0.23	₹0.22	−₹0.29	−₹0.23	−₹0.20	−₹0.53
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	3,797	3,649	3,637	3,651	3,436	3,102	2,780	2,567	2,419	2,333	2,381	2,166
	92.7%	92.1%	92.4%	91.4%	93.6%	96.8%	97.1%	96.7%	96.9%	97.1%	97.3%	97.3%
Adjusted (ex-exceptional items) — derived
	82.5	174	147	408	57.5	−158	−324	−221	−543	−339	−287	−457
	0.0	0.0	−6.4	−183	35.0	46.0	90.1	409	109	0.0	101	−30.4
	65.4	148	407	299	21.1	−183	−343	−110	−538	−338	−268	−456
	−₹0.01	₹0.09	₹0.29	₹0.21	−₹0.02	−₹0.27	−₹0.31	−₹0.14	−₹0.36	−₹0.23	−₹0.32	−₹0.50

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

GMRAIRPORT₹87.27

GMR Airports Ltd.

· Consumer Services

Annual Quarterly₹ CrorePeersADANIENT SWIGGY NYKAA NAUKRI CONCOR IRCTC JUBLFOOD LENSKARTMcap ₹92,148 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026	Q2 FY27 30/09/2026
Revenue from Operations	2,226.7	2,446.8	2,402.2	2,495.5	2,653.2	2,863.3	3,205.2	3,670.0	3,994.0	3,938.2	3,964.0	4,095.4
Other Income	124.0	123.7	120.1	102.6	95.0	113.4	115.5	84.4	88.7	104.7	120.5	93.1
Total Income	2,350.7	2,570.5	2,522.3	2,598.1	2,748.2	2,976.8	3,320.7	3,754.4	4,082.8	4,042.9	4,084.5	4,188.5
Expenses
+ Cost of Materials Consumed	26.4	30.9	36.6	43.0	41.2	42.8	59.8	55.0	58.4	54.6	62.6	61.4
+ Purchases of Stock-in-Trade	53.2	11.7	31.5	41.8	65.7	25.3	40.1	553.9	229.6	284.2	233.2	265.1
+ Changes in Inventories	-18.9	22.7	1.3	-7.9	-20.6	15.1	3.3	-374.6	55.5	-38.1	19.2	-27.8
+ Employee Benefit Expense	321.1	356.3	338.3	368.0	386.1	393.5	408.3	432.0	434.9	442.0	460.2	458.9
+ Finance Costs	857.2	823.0	889.4	1,031.0	829.1	955.2	949.1	1,042.6	916.9	949.9	937.9	992.7
+ Depreciation & Amortisation	392.5	404.8	466.2	474.2	478.7	491.3	488.7	431.3	464.6	452.1	455.6	493.3
+ Other Expenses	1,176.3	1,208.5	1,098.3	1,191.4	1,189.2	1,377.4	1,529.1	1,556.6	1,515.2	1,750.8	1,741.7	1,862.3
Total Expenses	2,807.8	2,857.9	2,861.5	3,141.5	2,969.4	3,300.5	3,478.3	3,696.9	3,675.0	3,895.5	3,910.4	4,106.0
EBITDA	668.6	816.7	896.3	859.2	991.7	1,009.3	1,164.7	1,447.0	1,700.5	1,444.7	1,447.1	1,475.5
EBIT	276.1	411.8	430.1	384.9	513.0	518.0	676.0	1,015.7	1,236.0	992.6	991.5	982.2
Profit
PBT before Exceptional Items	-457.1	-287.4	-339.2	-543.4	-221.2	-323.7	-157.6	57.5	407.8	147.4	174.1	82.5
+ Exceptional Items	-30.4	100.8	0.0	108.7	408.6	90.1	46.0	35.0	-183.1	-6.4	0.0	0.0
Pretax Income	-487.6	-186.7	-339.2	-434.7	187.4	-233.7	-111.6	92.5	224.6	141.0	174.1	82.5
+ Current Tax	17.4	14.1	23.3	25.6	27.7	34.9	44.0	61.3	48.5	10.1	57.4	33.2
+ Deferred Tax	4.2	5.1	14.5	17.1	16.5	21.9	28.1	6.8	23.3	-108.3	17.8	38.8
Tax Expense	21.6	19.2	37.8	42.8	44.2	56.8	72.1	68.1	71.7	-98.2	75.2	72.0
+ Share of Associates & JVs	22.7	38.3	39.5	48.6	58.9	37.8	46.6	10.6	21.1	161.3	49.1	54.8
Net Income	-486.4	-167.6	-337.6	-428.8	202.1	-252.7	-137.1	35.1	174.0	400.5	148.0	65.4
+ Net Income — Continuing Ops	-509.1	-205.9	-377.1	-477.4	143.2	-290.5	-183.7	24.4	152.9	239.2	98.9	10.5
+ Other Comprehensive Income	144.6	-90.4	-20.7	172.3	-138.2	-2.4	-28.0	79.0	-22.5	-164.8	-2.9	-62.5
Total Comprehensive Income	-341.8	-257.9	-358.2	-256.5	63.9	-255.1	-165.1	114.0	151.4	235.7	145.1	2.9
Net Income to Common	-317.5	-121.0	-141.7	-280.4	266.8	-237.6	-211.6	-37.1	121.8	302.4	91.0	-14.9
Minority Interest	-168.9	-46.6	-195.9	-148.4	-64.7	-15.1	74.5	72.2	52.1	98.1	56.9	80.3
Per Share
Basic EPS	-0.53	-0.20	-0.23	-0.29	0.25	-0.23	-0.20	-0.04	0.12	0.29	0.09	-0.01
Diluted EPS	-0.53	-0.20	-0.23	-0.29	0.22	-0.23	-0.20	-0.04	0.12	0.23	0.07	-0.01
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	-2.4	-28.0	79.0	-22.5	-164.8	-2.9	-62.5
+ Items NOT to be Reclassified to P&L	-22.7	-23.5	21.9	-41.0	-38.2	34.6	-53.0	-45.7	-51.6	-67.8	-54.2	14.6
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	0.0	-0.0	-0.2	-0.4	7.7	-0.1	2.8
+ Tax on Items NOT to be Reclassified — alt tag	0.0	0.0	5.8	-0.1	-0.4	—	—	—	—	—	—	—
+ Items to be Reclassified to P&L	195.4	-66.9	-36.8	246.5	-107.7	-36.6	32.3	138.4	36.3	-88.6	50.1	-73.9
+ Tax on Items to be Reclassified	—	—	—	—	—	0.4	7.3	13.9	7.5	0.7	-1.1	0.4
+ Tax on Items to be Reclassified — alt tag	28.1	0.0	-0.0	33.3	-7.2	—	—	—	—	—	—	—
Comprehensive Income — Owners of Parent	-288.3	-150.3	-182.4	-184.7	170.7	-250.8	-244.4	14.3	96.4	157.4	78.5	-80.8
Comprehensive Income — Non-controlling Interests	-53.5	-107.6	-175.9	-71.8	-106.8	-4.3	79.4	99.7	55.1	78.3	66.6	83.6
Per Share — as-filed variants
Basic EPS — Continuing Operations	-0.53	-0.20	-0.23	-0.29	0.25	-0.23	-0.20	-0.04	0.12	0.29	0.09	-0.01
Diluted EPS — Continuing Operations	-0.53	-0.20	-0.23	-0.29	0.22	-0.23	-0.20	-0.04	0.12	0.23	0.07	-0.01
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	2,166.0	2,381.5	2,332.9	2,418.6	2,567.0	2,780.2	3,102.0	3,435.6	3,650.6	3,637.4	3,649.1	3,796.8
Gross Margin %	97.27	97.33	97.11	96.92	96.75	97.10	96.78	93.61	91.40	92.36	92.05	92.71
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	-457.1	-287.4	-339.2	-543.4	-221.2	-323.7	-157.6	57.5	407.8	147.4	174.1	82.5
− Exceptional Items (reconciliation)	-30.4	100.8	0.0	108.7	408.6	90.1	46.0	35.0	-183.1	-6.4	0.0	0.0
Net Income Adj (tax-effected)	-456.0	-268.3	-337.6	-537.5	-110.2	-342.7	-183.1	21.1	298.6	406.9	148.0	65.4
EPS Adj	-0.50	-0.32	-0.23	-0.36	-0.14	-0.31	-0.27	-0.02	0.21	0.29	0.09	-0.01
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	—	1.00
Filed Debt Equity	—	—	-29.00	-49.00	—	-21.36	-19.93	-22.24	-24.81	-27.94	-30.39	-33.25
Filed Dscr	—	—	1.00	0.00	—	1.02	0.92	0.21	1.50	0.48	0.87	0.57
Filed Iscr	—	—	1.00	1.00	—	1.16	1.32	1.41	1.90	1.90	1.64	1.56
Paid Up Equity Capital	603.6	603.6	603.6	1,055.9	1,055.9	1,055.9	1,055.9	1,055.9	1,055.9	1,055.9	1,055.9	1,066.1

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q2 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

GMR Airports Q2 FY27 results (July–September 2026)

GMR Airports (NSE: GMRAIRPORT) reported its Q2 FY27 results (July–September 2026). Consolidated net loss attributable to shareholders was ₹14.9 crore, narrower than the loss of ₹37.1 crore in Q2 FY26 and against a profit of ₹91 crore in Q1 FY27. Revenue from operations was ₹4,095 crore, up 11.6% year on year and up 3.3% from the previous quarter.

Q2 FY26 results (a year earlier): 13 November 2025
Q3 FY27 results due by: 14 February 2027

Q2 FY27 at a glance · consolidated

Net loss (shareholders'): −₹14.9 Crloss ₹37.1 Cr in Q2 FY26profit ₹91 Cr in Q1 FY27Total incl. minority interest ₹65.4 Cr
Revenue from operations: ₹4,095 Cr+11.6% vs Q2 FY26+3.3% vs Q1 FY27
Operating margin (EBIT): 24.0%−3.7 pts vs Q2 FY26−1.0 pts vs Q1 FY27EBIT ₹982 Cr
EBITDA: ₹1,476 Cr+2.0% vs Q2 FY26+2.0% vs Q1 FY27margin 36.0%
Earnings per share (basic): −₹0.01
Net profit margin: −0.4%+0.6 pts vs Q2 FY26−2.7 pts vs Q1 FY27

Questions

What was GMR Airports' net profit in Q2 FY27?

Consolidated net loss attributable to shareholders was ₹14.9 crore, narrower than the loss of ₹37.1 crore in Q2 FY26 and against a profit of ₹91 crore in Q1 FY27. Including the minority shareholders' share, total profit was ₹65.4 crore.

How were GMR Airports' Q2 FY27 results?

A net loss of ₹14.9 crore, narrower than the loss of ₹37.1 crore in Q2 FY26. Revenue was up 11.6% at ₹4,095 crore. The operating margin was 24.0%, down 3.7 percentage points from 27.7% a year earlier.

What was GMR Airports' operating margin in Q2 FY27?

Operating profit (EBIT — revenue less operating expenses, before finance costs and other income) was ₹982 crore, a margin of 24.0%, against 25.0% in Q1 FY27 and 27.7% in Q2 FY26. EBITDA was ₹1,476 crore, 36.0% of revenue.

What was GMR Airports' revenue in Q2 FY27?

Revenue from operations was ₹4,095 crore, up 11.6% year on year and up 3.3% from the previous quarter.

What was GMR Airports' EPS in Q2 FY27?

Basic earnings per share were −₹0.01.

What is GMR Airports' net profit margin?

GMR Airports' net profit margin was −0.4% in Q2 FY27 (net profit attributable to shareholders as a share of revenue from operations), against −1.0% in Q2 FY26 (up 0.6 percentage points). For FY26 as a whole it was 1.2%.

What was GMR Airports' net profit in the first half of FY27?

Consolidated net profit attributable to shareholders for the first half of FY27 (April–September 2026) was ₹76.1 crore, against a loss of ₹249 crore in the same months a year earlier. Revenue from operations was ₹8,059 crore, up 17.2%.

How has GMR Airports' profit changed over the last four quarters?

Net profit attributable to shareholders by quarter: a profit of ₹122 crore in Q3 FY26, a profit of ₹302 crore in Q4 FY26, a profit of ₹91 crore in Q1 FY27 and a loss of ₹14.9 crore in Q2 FY27. That is a combined profit of ₹500 crore over the four quarters. Revenue from operations: ₹3,994 crore, ₹3,938 crore, ₹3,964 crore and ₹4,095 crore.

When will GMR Airports announce its Q3 FY27 results?

Q3 FY27 covers October–December 2026. Listed companies must publish quarterly results within 45 days of the quarter's end (SEBI listing rules, Regulation 33), so the results are due by 14 February 2027. The company tells the exchanges the date of the board meeting at least two working days before it.

What was GMR Airports' net profit in FY26?

Consolidated net profit attributable to shareholders was ₹175 crore in FY26 (April 2025–March 2026), against a loss of ₹393 crore in FY25. It was a loss of ₹559 crore in FY24 and a loss of ₹179 crore in FY23.

What was GMR Airports' revenue in FY26?

Revenue from operations was ₹14,807 crore in FY26 (April 2025–March 2026), up 42.2% from ₹10,414 crore in FY25. It was ₹8,755 crore in FY24 and ₹6,693 crore in FY23: up 121.2% over three years, 30.3% a year on average.

Where do these GMR Airports figures come from?

From GMR Airports' own consolidated results filings to NSE, in ₹ crore as filed. Growth compares the same consolidated figures a year and a quarter earlier.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.