GMR Airports Q3 web revenue falls to Rs 174 crore

GMR Airports Ltd (GAL) noticed its consolidated revenue after tax decline 14 per cent to Rs 173.96 crore within the three months ended December 2025, which additionally had one-time bills, together with these associated to the influence of the new labour legal guidelines.

The corporate, which operates Delhi, Hyderabad and some different airports, had a revenue after tax of Rs 202.10 crore within the year-ago interval.

Within the newest December quarter, it registered one-time bills totalling Rs 183.12 crore, together with Rs 113.47 crore pertaining to the termination of the pact with Turkish entity Celebi and Rs 69.65 crore regarding the influence of the brand new labour codes.

There was a one-time acquire recorded by the corporate within the December quarter of 2024.

In accordance with a regulatory submitting on Friday, GMR Airports’ whole earnings surged to Rs 4,082.77 crore within the third quarter of the present monetary yr from Rs 2,748.22 crore a yr in the past.

Within the newest December quarter, whole bills of the corporate rose to Rs 2,293.49 crore.

In the meantime, in Might 2025, the federal government revoked the safety clearance of entities working in India from the Celebi group.Subsequently, Delhi Worldwide Airport Ltd (DIAL) terminated the cargo concession settlement with Celebi and Celebi Hava Servisi AS.

DIAL, which operates the Delhi airport, derecognised the balances associated to lease equalisation and provision for annual payment payable to AAI (Airports Authority of India) thereof for the land lease settlement with Celebi, the submitting stated.

Additionally, DIAL had carried out remeasurement of the safety deposit refundable to Celebi, as per the necessities of Ind AS 109. “The web influence of aforementioned gadgets amounting to Rs 113.47 crore is disclosed as an ‘distinctive merchandise’ within the consolidated monetary outcomes for the quarter and 9 months ended December 31, 2025,” it added.

DIAL-owned airports dealt with a report 31.9 million passengers within the December quarter, with Delhi airport dealing with 20.8 million passengers.

DIAL, the consortium led by the GMR Group, recorded a revenue after tax of Rs 231 crore within the December 2025 quarter, swinging into the black from a lack of Rs 243 crore within the year-ago interval.

Its revenue after tax is the very best because the third quarter of the monetary yr 2021-22.