GMR AIRPORTS quarterly results and financials

GMR AIRPORTS (GMRAIRPORT)₹99.40+1.51%(9 Nov 2026 close)Airport & Airport services

Key facts

In the Sep 2026 quarter (consolidated), GMR AIRPORTS reported sales of ₹4,089 Cr, up 11.6% from Sep 2025, and net profit of ₹65.15 Cr, up 85.7% year on year. For the year to Mar 2026, sales were ₹14,766 Cr and net profit ₹473 Cr.

Sales (Sep 2026): ₹4,089 Cr
Net profit (Sep 2026): ₹65.15 Cr
Sales (FY Mar 2026): ₹14,766 Cr
Net profit (FY Mar 2026): ₹473 Cr
EPS (Sep 2026): ₹−0.02
Borrowings (Mar 2026): ₹43,556 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

GMR AIRPORTS quarterly results

₹ crore unless stated; each column is a quarter.

GMR AIRPORTS Quarterly results
	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sales	2,221	2,442	2,396	2,489	2,645	2,858	3,198	3,665	3,984	3,927	3,960	4,089
Expenses	1,554	1,626	1,503	1,632	1,657	1,849	2,035	2,216	2,286	2,487	2,509	2,611
Operating Profit	669	817	897	860	993	1,010	1,165	1,448	1,702	1,447	1,451	1,482
OPM %	30.0%	33.0%	37.0%	34.0%	37.0%	35.0%	36.0%	39.0%	43.0%	37.0%	37.0%	36.0%
Other Income	116	263	160	260	561	240	208	130	−72.87	259	167	143
Interest	856	822	889	1,031	828	954	948	1,041	916	948	937	992
Depreciation	392	404	465	473	478	490	489	430	464	451	455	492
Profit before tax	−466	−148	−300	−387	246	−196	−65.06	103	246	302	223	137
Tax %	5.0%	13.0%	13.1%	11.0%	18.1%	29.1%	111.0%	66.1%	29.0%	−32.0%	34.0%	52.0%
Exceptional items	−29.02	87.95	0.00	97.07	364	64.04	−4.99	12.01	−130	−6.01	0.00	0.00
Net Profit	−487	−168	−338	−430	202	−253	−137	35.08	174	401	148	65.15
EPS (Rs)	−0.54	−0.21	−0.24	−0.28	0.26	−0.24	−0.21	−0.05	0.13	0.30	0.10	−0.02

GMR AIRPORTS profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

GMR AIRPORTS Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	8,242	9,530	8,532	7,390	8,375	3,560	4,591	6,663	8,739	10,396	14,766	15,961
Expenses	7,786	6,380	6,984	5,939	6,197	2,654	2,310	4,933	5,770	6,621	9,029	9,893
Operating Profit	457	3,167	1,560	1,453	2,180	905	2,287	1,727	2,974	3,778	5,764	6,081
OPM %	6.0%	33.0%	18.0%	20.1%	26.0%	25.0%	50.0%	26.0%	34.0%	36.0%	39.0%	38.1%
Other Income	368	380	716	−1,227	144	−1,927	−520	922	787	1,202	523	496
Interest	2,195	2,125	2,315	2,681	3,542	1,802	2,017	2,337	2,927	3,701	3,853	3,793
Depreciation	1,194	1,017	1,027	982	1,063	885	888	1,036	1,464	1,906	1,834	1,863
Profit before tax	−2,571	397	−1,070	−3,449	−2,288	−3,718	−1,146	−728	−636	−636	586	909
Tax %	7.0%	187.0%	4.0%	−3.0%	−4.0%	−8.0%	−1.0%	16.1%	30.0%	29.1%	19.0%	—
Exceptional items	75.05	273	0.00	−2,068	−636	−176	−563	233	109	769	−67.01	−136
Net Profit	−2,753	−348	−1,116	−3,361	−2,207	−3,434	−1,133	−842	−830	−818	473	788
EPS (Rs)	−4.50	−0.95	−2.27	−5.94	−4.03	−4.64	−1.71	−0.31	−0.94	−0.38	0.18	0.51
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	6,017.0%	—

GMR AIRPORTS balance sheet

₹ crore, at each year end.

GMR AIRPORTS Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	435	602	603	602	602	603	602	603	602	603	1,054	1,053
Reserves	5,345	4,397	4,753	2,852	−1,061	−3,071	−2,329	−1,426	−1,400	−2,778	−3,841	−3,815
Borrowings	49,921	39,430	21,496	23,459	27,572	34,436	36,856	26,626	32,170	35,888	38,497	43,556
Other Liabilities	11,038	14,637	10,013	10,979	12,967	14,365	14,765	11,302	12,542	14,721	12,801	13,745
Total Liabilities	66,739	59,066	36,863	37,891	40,080	46,332	49,894	37,104	43,914	48,435	48,511	54,538
Fixed Assets	34,069	34,360	15,720	15,573	16,009	16,119	12,719	10,289	15,091	28,616	28,120	28,835
CWIP	17,244	2,155	239	589	857	3,810	6,617	10,168	11,166	1,674	3,807	5,516
Investments	1,417	6,564	12,457	12,906	10,152	10,147	9,704	3,812	4,493	4,438	4,302	5,981
Other Assets	14,010	15,987	8,446	8,824	13,061	16,256	20,853	12,836	13,163	13,707	12,284	14,207
Inventories	305	224	129	104	113	191	175	92.05	135	130	162	541
Trade receivables	1,618	1,527	1,732	1,765	1,442	1,418	1,142	375	368	480	529	594
Cash & equivalents	3,919	2,552	1,776	1,987	1,634	4,461	6,433	3,124	4,035	2,837	947	996
Total Assets	66,739	59,066	36,863	37,891	40,080	46,332	49,894	37,104	43,914	48,435	48,511	54,538

GMR AIRPORTS cash flow

₹ crore, for each year.

GMR AIRPORTS Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	2,908	3,493	4,498	2,343	2,048	1,373	2.99	3,248	2,196	3,876	3,439	4,871
Cash from investing activity	−3,160	−1,660	1,484	−962	−3,603	−987	2,433	−2,043	−2,311	−5,789	−3,676	−3,590
Cash from financing activity	447	−2,013	−5,716	−1,189	814	1,614	−1,054	−3,888	1,728	466	−1,009	−1,237
Net cash flow	203	−179	262	193	−735	1,999	1,377	−2,675	1,615	−1,440	−1,237	55.86
Capex	3,810	2,440	620	716	2,851	2,915	1,648	3,142	3,927	4,532	4,138	3,335
Free cash flow	−882	1,058	3,871	1,666	−779	−1,504	−1,510	193	−1,679	−638	−579	1,578
CFO / OP %	121.9%	813.9%	149.9%	160.9%	159.9%	70.9%	−4.0%	146.0%	124.9%	134.9%	93.9%	88.0%

GMR AIRPORTS ratios

Working-capital days and returns, by year.

GMR AIRPORTS Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	54	69	67	76	72	63	118	31	21	21	20	16
Inventory days	104	82	33	20	37	56	—	—	—	—	—	201
Days payable	694	466	366	372	639	605	—	—	—	—	—	494
Cash conversion cycle	−536	−316	−266	−277	−531	−488	117	30	20	20	19	−278
Working capital days	−414	−373	−152	−203	−373	−497	−907	−364	−370	−215	−232	−202
ROCE %	2.0%	−1.0%	7.0%	4.0%	5.0%	6.0%	1.0%	5.0%	4.0%	6.0%	7.0%	12.0%

GMR AIRPORTS: frequently asked questions

What are the latest quarterly results of GMR AIRPORTS?

For the Sep 2026 quarter, GMR AIRPORTS reported sales of ₹4,089 Cr, up 11.6% year on year and net profit of ₹65.15 Cr, up 85.7% year on year. The operating margin was 36.0%.

What is the annual revenue of GMR AIRPORTS?

GMR AIRPORTS' sales for the year to Mar 2026 were ₹14,766 Cr; over the last twelve months they were ₹15,961 Cr.

What is the net profit of GMR AIRPORTS?

Net profit for the year to Mar 2026 was ₹473 Cr, and ₹788 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.51.

How much debt does GMR AIRPORTS have?

GMR AIRPORTS reported borrowings of ₹43,556 Cr at Mar 2026, against cash and equivalents of ₹996 Cr.

What is the free cash flow of GMR AIRPORTS?

Cash from operations was ₹4,871 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1,578 Cr.

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