GMR Airports Ltd returned to profit in the June quarter — the first quarter of the Indian financial year 2026-27 — posting a net profit of ₹91 crore, as revenue and EBITDA both rose 24%, according to a CNBC-TV18 report.

The improvement comes against the backdrop of a broader upswing in Indian aviation, one of the world's fastest-growing civil aviation markets. Airport operators earn from both aeronautical charges, which scale with airline traffic, and non-aeronautical streams such as retail, food and beverage, advertising and car parking, and sustained growth in passenger volumes tends to support both sides of the business.

Alongside the results, the company's board approved a plan to raise up to ₹5,000 crore. The report did not specify the instruments or the timeline for the proposed fundraising. Airport infrastructure is a capital-intensive business, and fundraising approvals of this scale are generally linked to expansion and modernisation programmes that carry long payback periods.

GMR Airports is one of India's largest private airport operators and part of the GMR Group. The company operates Delhi's Indira Gandhi International Airport, Hyderabad's Rajiv Gandhi International Airport and the Manohar International Airport at Mopa in Goa. It also operates the Mactan-Cebu International Airport in the Philippines. The company's shares are listed on the National Stock Exchange (NSE) and BSE.

Delhi's Indira Gandhi International Airport is India's busiest by passenger traffic, placing GMR at the centre of a market where large private airports handle a substantial share of the country's air travel. With the board's fundraising approval in place, the specifics of the proposed raise — instruments, pricing and timing — along with quarterly passenger traffic trends and the ramp-up of newer airports such as Mopa are the markers to track in the coming quarters.

Source: CNBC-TV18 Markets