GMR Airports flags flat H1FY26 pax, pins 5% FY27 growth on Bhogapuram and Nagpur
GMR guides flat H1FY26 passenger traffic as airline capacity constraints bite — April pax fell 4% YoY to 9.3M. FY26 pax seen at 114.6M (+1%), with FY27 growth pegged at ~5% as new Bhogapuram and Nagpur airports add 5M pax. FY26 revenue jumped 40% to ₹15,200 cr on Delhi UDF hikes and 178% aero revenue surge.
GMR Airports expects flat H1FY26 passenger traffic on airline capacity constraints, guiding ~5% FY27 growth as Bhogapuram and Nagpur airports add 5M pax. FY26 revenue rose 40% to ₹15,200 cr on Delhi UDF hikes, despite 1% pax growth.