GMR Airports shares surge nearly 8% after company turns profitable in December quarter

Shares of operator of Delhi international airport operator, GMR Airports, surged as much as 7.87% to hit an intraday high of ₹101.40 on the National Stock Exchange after the company tuned profitable in December quarter. On the BSE, GMR Airports shares climbed nearly 8% amid spike in trading activity.

GMR Airports post market hours on Friday reported a standalone net profit of ₹50 crore in the third quarter of current financial year compared with a loss of ₹133 crore in the previous quarter and a loss of ₹49 crore in the year-ago period.

Its standalone revenue from operations jumped 355% to ₹1,232.68 crore in October-December period from ₹271 crore in the year ago period.

The operator of Hyderabad, Delhi and Goa airports reported strong operational performance as its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) jumped 120% to ₹638 crore.

During the quarter, Delhi Cargo Terminal handled highest ever monthly cargo tonnage in December 2025 and both Delhi and Hyderabad Duty Free achieved their highest ever monthly sales in December.

GMR Airports reported its highest-ever monthly passenger traffic in January 2026, serving approximately 11.1 million passengers across its network, reflecting a 3.9% year-on-year growth. The strong performance was driven by steady momentum in both domestic and international travel, with domestic traffic at 8.3 million passengers, up 3.7% YoY, and international traffic at 2.9 million passengers, rising 4.4% YoY.

The January milestone capped a landmark year-to-date performance for FY26, with GMR Airports crossing the 100 million passenger mark for the first time in its history. Domestic traffic during YTD FY26 reached 76 million passengers, up 0.6% YoY, while international traffic grew 3.0% YoY to 25 million passengers.

At Indira Gandhi International Airport, international traffic and air traffic movements (ATMs) hit record highs in January as well as on a YTD basis. Delhi Airport now connects to 159 destinations globally, including 84 domestic and 75 international routes, marking its highest connectivity level to date.

GMR Airports shares were witnessing higher than usual trading activity as trading volume spiked by 4.7 times to 4.43 crore shares compared with an average trading volume of 93.94 lakh shares.

As of 2:53 pm, GMR Airports shares traded 7% higher at ₹100.56, outperforming the NIFTY Midcap 50 index which was up 0.4%.