GMRAIRPORT Q2 FY27 results at a glance
GMR AIRPORTS LIMITED Q2 FY27 key results metrics| Quarter | Q2 FY27 |
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| Quarter ended | 30 Sept 2026 |
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| Revenue | ₹4,095 cr |
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| Revenue YoY | +11.6% |
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| Operating profit | ₹982 cr |
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| Operating margin | 24.0% |
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| Net profit | -₹14.92 cr |
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| Net profit YoY | +59.8% |
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| Net profit QoQ | -116.4% |
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| Net margin | -0.4% |
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| Basic EPS | ₹-0.01 |
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| TTM revenue | ₹15,992 cr |
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| TTM net profit | ₹500 cr |
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| TTM net margin | 3.1% |
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GMRAIRPORT Q2 FY27 results: what the numbers say
GMR AIRPORTS LIMITED (GMRAIRPORT) has reported its Q2 FY27 results for the quarter ended 2026-09-30. The company posted revenue of ₹4,095 cr and a net profit of -₹14.92 cr, translating into earnings per share of ₹-0.01.
Compared with the same quarter a year earlier, revenue grew by +11.6% and net profit grew sharply by +59.8%. Profit rising faster than revenue points to better cost control or operating leverage flowing through the P&L.
Operating profit for the quarter stood at ₹982 cr, an operating margin of 24.0% versus 29.3% a year ago — a contraction of 5.4 percentage points.
GMRAIRPORT quarter-wise results table
Revenue
₹4,095 cr
+11.6% YoY
Net profit
-₹14.92 cr
+59.8% YoY
Operating profit
₹982 cr
-8.8% YoY
Swipe sideways to see all columns →
GMR AIRPORTS LIMITED (GMRAIRPORT) quarter-wise results — revenue, operating profit, net profit, margins, EPS and growth| Quarter | Revenue | Operating profit | Net profit | OPM | Net margin | EPS | Profit YoY | Profit QoQ |
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| Q2 FY272026-09-30 | ₹4,095 cr | ₹982 cr | -₹14.92 cr | 24.0% | -0.4% | ₹-0.01 | +59.8% | -116.4% |
| Q1 FY272026-06-30 | ₹3,964 cr | ₹992 cr | ₹91.04 cr | 25.0% | 2.3% | ₹0.09 | — | -69.9% |
| Q4 FY262026-03-31 | ₹3,938 cr | ₹1,032 cr | ₹302 cr | 26.2% | 7.7% | ₹0.29 | — | +148.2% |
| Q3 FY262025-12-31 | ₹3,994 cr | ₹1,251 cr | ₹122 cr | 31.3% | 3.1% | ₹0.12 | — | +428.5% |
| Q2 FY262025-09-30 | ₹3,670 cr | ₹1,077 cr | -₹37.09 cr | 29.3% | -1.0% | ₹-0.04 | — | — |
| TTM (last 4 quarters) | ₹15,992 cr | ₹4,256 cr | ₹500 cr | 26.6% | 3.1% | ₹0.49 | — | — |
Consolidated figures as reported to the exchanges, shown in ₹ crore. OPM = operating profit margin. Updated automatically whenever a new quarter is filed.
GMRAIRPORT quarterly income statement
Line-item results for the last six quarters as filed — sales, expenses, operating profit, interest, tax and profit after tax in ₹ crore.
GMR AIRPORTS LIMITED quarterly income statement| Particulars | Q2 FY272026-09-30 | Q1 FY272026-06-30 | Q4 FY262026-03-31 | Q3 FY262025-12-31 | Q2 FY262025-09-30 |
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| Revenue / Sales | ₹4,095 cr | ₹3,964 cr | ₹3,938 cr | ₹3,994 cr | ₹3,670 cr |
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| Total expenses | ₹3,113 cr | ₹2,972 cr | ₹2,907 cr | ₹2,743 cr | ₹2,593 cr |
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| Gross profit | ₹1,858 cr | ₹1,755 cr | ₹1,788 cr | ₹1,889 cr | ₹1,691 cr |
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| Operating profit (EBIT) | ₹982 cr | ₹992 cr | ₹1,032 cr | ₹1,251 cr | ₹1,077 cr |
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| Operating margin | 24.0% | 25.0% | 26.2% | 31.3% | 29.3% |
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| Interest cost | ₹993 cr | ₹938 cr | ₹950 cr | ₹917 cr | ₹1,043 cr |
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| Profit before tax | ₹137 cr | ₹223 cr | ₹302 cr | ₹246 cr | ₹103 cr |
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| Tax expense | ₹72 cr | ₹75.21 cr | -₹98.18 cr | ₹71.73 cr | ₹68.08 cr |
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| Effective tax rate | 52.4% | 33.7% | -32.5% | 29.2% | 66.0% |
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| Net profit (PAT) | -₹14.92 cr | ₹91.04 cr | ₹302 cr | ₹122 cr | -₹37.09 cr |
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| Net profit margin | -0.4% | 2.3% | 7.7% | 3.1% | -1.0% |
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| Basic EPS | ₹-0.01 | ₹0.09 | ₹0.29 | ₹0.12 | ₹-0.04 |
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| Diluted EPS | ₹-0.01 | ₹0.07 | ₹0.23 | ₹0.12 | ₹-0.04 |
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GMRAIRPORT results growth — YoY and QoQ
Quarterly growth rates, year on year and quarter on quarter| Growth | Q2 FY27 | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 |
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| Revenue YoY | +11.6% | — | — | — | — |
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| Revenue QoQ | +3.3% | +0.7% | -1.4% | +8.8% | — |
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| Operating profit YoY | -8.8% | — | — | — | — |
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| Operating profit QoQ | -0.9% | -3.9% | -17.5% | +16.1% | — |
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| Net profit YoY | +59.8% | — | — | — | — |
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| Net profit QoQ | -116.4% | -69.9% | +148.2% | +428.5% | — |
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| EPS YoY | +75.0% | — | — | — | — |
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| EPS QoQ | -111.1% | -69.0% | +141.7% | +400.0% | — |
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GMRAIRPORT annual results history
Full-year performance for GMR AIRPORTS LIMITED, useful for reading each quarter in context.
GMR AIRPORTS LIMITED annual income statement| Particulars | FY262026-03-31 | FY252025-03-31 | FY242024-03-31 | FY232023-03-31 |
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| Revenue / Sales | ₹13,345 cr | ₹8,974 cr | ₹7,548 cr | ₹5,832 cr |
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| Total expenses | ₹9,353 cr | ₹7,247 cr | ₹6,182 cr | ₹5,162 cr |
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| Gross profit | ₹4,872 cr | ₹2,189 cr | ₹1,919 cr | ₹1,376 cr |
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| Operating profit (EBIT) | ₹3,991 cr | ₹1,728 cr | ₹1,367 cr | ₹669 cr |
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| Operating margin | 29.9% | 19.3% | 18.1% | 11.5% |
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| Interest cost | ₹3,770 cr | ₹3,523 cr | ₹2,843 cr | ₹2,307 cr |
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| Profit before tax | ₹586 cr | -₹635 cr | -₹636 cr | -₹735 cr |
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| Tax expense | ₹114 cr | ₹182 cr | ₹193 cr | ₹113 cr |
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| Effective tax rate | 19.4% | -28.6% | -30.3% | -15.4% |
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| Net profit (PAT) | ₹175 cr | -₹393 cr | -₹559 cr | -₹179 cr |
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| Net profit margin | 1.3% | -4.4% | -7.4% | -3.1% |
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| Basic EPS | ₹0.17 | ₹-0.43 | ₹-0.93 | ₹-0.30 |
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| Diluted EPS | ₹0.13 | ₹-0.43 | ₹-0.93 | ₹-0.30 |
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Revenue trend and demand read-through
Topline for Q2 FY27 came in at ₹4,095 cr against ₹3,670 cr in Q2 FY26, and ₹3,964 cr in the preceding Q1 FY27 quarter.
On a sequential basis revenue grew +3.3%. Sequential moves are the quickest read on demand momentum because they strip out the base effect of a year-old quarter, though seasonality can distort a single quarter.
Total expenses for the quarter were ₹3,113 cr, or 76.0% of revenue, with operating profit declined -8.8% year on year.
Margins, tax and profitability
Net profit of -₹14.92 cr works out to a net margin of -0.4% compared with -1.0% in the year-ago quarter. Margin expansion of this kind usually reflects a better product or service mix, softer input costs, or tighter overheads.
Below the operating line, GMR AIRPORTS LIMITED reported profit before tax of ₹137 cr, a tax charge of ₹72 cr (effective rate 52.4%), interest cost of ₹993 cr. Reading these together with operating profit shows how much of the quarter's earnings were driven by the core business versus financing and tax movements.
Sequentially, net profit moved from ₹91.04 cr in Q1 FY27 to -₹14.92 cr in Q2 FY27, a change of -116.4%.
Trailing twelve months and annual context
Across the trailing four quarters GMR AIRPORTS LIMITED has generated revenue of ₹15,992 cr and net profit of ₹500 cr, a trailing net margin of 3.1%. The trailing view smooths out one-off quarters and is the number most valuation multiples are built on.
On a full-year basis, FY26 revenue was ₹13,345 cr with net profit of ₹175 cr and EPS of ₹0.17, versus the prior year where revenue grew +48.7% and profit grew +144.7%.
What to watch in the next GMRAIRPORT quarter
For the coming quarters the numbers worth tracking on this page are revenue momentum, the operating margin trend, the interest burden and whether EPS keeps pace with profit growth. A sustained run of year-on-year profit growth is what usually drives a re-rating rather than any single quarter.
No next results date is available in the board-meeting calendar. Statement figures update when Yahoo Finance makes them available; this is not an immediate exchange-filing feed.
Financial figures here are supplied through Yahoo Finance fundamentals and shown in ₹ crore, without adjustment. This is information and analysis, not investment advice.
GMRAIRPORT results coverage
GMRAIRPORT results date history
GMR AIRPORTS LIMITED past board meeting dates for financial results| Board meeting date | Purpose | Details |
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| 28 Oct 2026 | Financial Results | Board Meeting Intimation for consideration and approval of the Un-audited Financial Results of the Company (Standalone and Consolidated) for the quarter and half year ended September 30, 2026 |
More on GMRAIRPORT
GMRAIRPORT quarterly results FAQs
What were GMR AIRPORTS LIMITED (GMRAIRPORT) Q2 FY27 results?
In Q2 FY27 (quarter ended 30 Sept 2026), GMR AIRPORTS LIMITED reported revenue of ₹4,095 cr and net profit of -₹14.92 cr, a change of +59.8% year on year on +11.6% revenue growth. EPS stood at ₹-0.01.
What is GMRAIRPORT profit margin in Q2 FY27?
GMR AIRPORTS LIMITED posted a net profit margin of -0.4% and an operating margin of 24.0% in Q2 FY27. On a trailing twelve-month basis, revenue is ₹15,992 cr and net profit ₹500 cr.
Did GMRAIRPORT results beat the previous quarter?
GMR AIRPORTS LIMITED net profit changed -116.4% quarter on quarter, from ₹91.04 cr in Q1 FY27 to -₹14.92 cr in Q2 FY27.
When are GMR AIRPORTS LIMITED (GMRAIRPORT) quarterly results?
GMR AIRPORTS LIMITED has not yet intimated its next results date to the exchange. This page updates automatically from the exchange board-meeting calendar.
Where can I see GMRAIRPORT latest quarterly results?
Our latest GMRAIRPORT results coverage — "GMR AIRPORTS LIMITED Q2 FY27 Results: Net Profit ₹65.38 cr, Revenue from operations ₹4,095 cr" — breaks down revenue, profit, margins and management commentary.
What is GMR AIRPORTS LIMITED annual revenue and profit?
For FY26, GMR AIRPORTS LIMITED reported full-year revenue of ₹13,345 cr and net profit of ₹175 cr, with EPS of ₹0.17.
How many quarterly results has GMRAIRPORT declared recently?
GMRAIRPORT has held 1 recent board meetings for financial results, the last on 28 Oct 2026.
Results dates: NSE board-meeting calendar. Financial figures: Yahoo Finance fundamentals, not a direct exchange filing feed. Last successful data fetch 1 Nov 2026. Figures can be delayed; results change only when the provider publishes them. For information only, not investment advice.
