Strong Revenue Growth for GMR Airports

GMR Airports posted a consolidated net profit of ₹173.96 crore on revenues of ₹4,082.77 crore for the December quarter, reflecting a steady improvement in operational performance. In the corresponding quarter of FY2023–24, the company reported revenues of ₹2,748.22 crore and a net profit of ₹202.10 crore.

For the first nine months of the current financial year, GMR Airports recorded revenues of ₹11,157.85 crore with a net profit of ₹71.90 crore, compared to revenues of ₹7,859.20 crore and a net loss of ₹564.24 crore in the same period last year. The management said operational efficiencies have improved significantly and expressed optimism that upcoming tariff orders for the Delhi and Hyderabad airports will further boost revenues and margins.