GMR Airports' Q1 FY 2025-26 Quarterly Results

Result Summary

• GMR Airports Ltd reported a 29.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 31.7%.
• Its expenses for the quarter were up by 21.7% QoQ and 21.6% YoY.
• The net profit decreased 18.2% QoQ and decreased 59.4% YoY.
• The earnings per share (EPS) of GMR Airports Ltd declined at 0.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

GMR Airports Ltd is a prominent player in the airport infrastructure sector, primarily engaged in the development and management of airport projects. The company operates within the aviation industry, which is characterized by its cyclical nature and dependency on various factors such as passenger traffic, economic conditions, and regulatory changes. GMR Airports Ltd is known for its extensive experience in designing, developing, and managing airports and related infrastructure. The company has been involved in several major airport projects, both domestically in India and internationally, contributing significantly to its stature in the industry. There are no specific recent major developments mentioned within the provided data set.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), GMR Airports Ltd reported a total income of ₹3320.70 crores. This represents a substantial increase of 29.2% compared to the previous quarter (Q4FY25), where the total income was ₹2570.48 crores. When compared to the same quarter in the previous year (Q1FY25), the total income shows a year-over-year growth of 31.7%, up from ₹2522.29 crores. This significant growth in total income indicates an upward trend in the company's revenue generation capabilities over both the quarterly and annual periods under review.

Profitability

The profitability of GMR Airports Ltd, as measured by profit before tax, has shown improvement over the quarters. In Q1FY26, the company reported a loss before tax of ₹111.59 crores, which is a reduction from the loss of ₹186.68 crores in Q4FY25 and ₹339.23 crores in Q1FY25. The quarter-over-quarter change in profit before tax is a decrease in losses by 40.2%, and the year-over-year change is a decrease by 67.1%. The tax expense for Q1FY26 was ₹72.07 crores, significantly increased from ₹19.19 crores in Q4FY25 and ₹37.84 crores in Q1FY25, showing a 275.6% increase QoQ and a 90.5% increase YoY. Consequently, the profit after tax in Q1FY26 was a loss of ₹137.11 crores, compared to a loss of ₹167.58 crores in Q4FY25 and a loss of ₹337.57 crores in Q1FY25, reflecting an 18.2% improvement QoQ and 59.4% YoY.

Operating Metrics

The earnings per share (EPS) for GMR Airports Ltd remained constant at -₹0.20 across Q1FY26, Q4FY25, and Q1FY25, indicating no change in this particular metric on a quarterly or yearly basis. This consistency in EPS suggests stability in shareholder returns on a per-share basis despite fluctuations in overall profit metrics. The total expenses for Q1FY26 amounted to ₹3478.31 crores, marking a 21.7% increase from ₹2857.91 crores in Q4FY25 and a 21.6% increase from ₹2861.52 crores in Q1FY25. This rise in expenses might be indicative of higher operational costs or investments in ongoing projects. These financial figures provide a snapshot of the company's cost management and operational efficiency over the specified periods.