GMR Airports Q1FY27 PAT ₹148 Cr, Revenue Up 23% YoY
GMR Airports Ltd (GAL) reported un-audited financial results for Q1FY27, showcasing a 23% year-on-year increase in total income to INR 4,085 Crs and a 22% rise in EBITDA to INR 1,568 Crs. The company achieved a Profit After Tax (PAT) of INR 148 Crs, marking its fourth consecutive quarter of positive PAT. GAL handled 30.5 million passengers across its owned airports, with Delhi Airport leading at 20.4 million. Key developments include the takeover of Nagpur Airport operations and the inauguration of Bhogapuram Airport. The company also saw progress in its airport adjacency businesses, including Duty Free revenue and cargo operations. Credit ratings were upgraded by CARE to A+ (Positive). Strategic agreements were signed for MRO services and airport land development projects across DIAL, GHIAL, and Mopa.
Key Highlights
- Total income rose 23% YoY to INR 4,085 Crs in Q1FY27.
- EBITDA increased 22% YoY to INR 1,568 Crs.
- Achieved positive PAT of INR 148 Crs for the fourth consecutive quarter.
- Passenger traffic reached 30.5 million across GAL owned airports.
- CARE upgraded GAL ratings to A+ (Positive).
Price Impact
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