GMR widens FY26 lead over Adani Airports as Delhi tariff hike powers 40% revenue jump
GMR Airports clocked ₹15,200 cr revenue in FY26 (+40%) versus Adani's ₹13,081 cr (+28%), helped by a 178% surge in Delhi aero revenue post tariff revision. GMR handled 114.6M passengers to Adani's 95.3M, and adds Bhogapuram and Nagpur in Q2FY27 — expanding the captive airport-retail footprint.
GMR Airports outpaced Adani Airports in FY26 with 40% revenue growth versus 28%, driven by revised international passenger tariffs at Delhi. GMR plans to add Bhogapuram and Nagpur airports in Q2FY27, expanding its airport-retail footprint.