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GMR Airports Ltd (GAL) on Friday reported a 14 per cent decline in consolidated profit after tax at Rs 173.96 crore in the three months ended December 2025, mainly due to higher expenses. The company, which operates Delhi, Hyderabad and a few other airports, had a profit after tax of Rs 202.10 crore in the year-ago period. According to a regulatory filing, GMR Airports' total income surged to Rs 4,082.77 crore in the third quarter of the current financial year from Rs 2,748.22 crore in the same period a year ago. In the latest December quarter, total expenses of the company rose to Rs 2,293.49 crore. GAL-owned airports handled record 31.9 million passengers in the December quarter, with Delhi airport handling 20.8 million passengers. Delhi International Airport Ltd (DIAL), the consortium led by the GMR Group, recorded a profit after tax of Rs 231 crore in the 2025 December quarter, swinging into the black from a loss of Rs 243 crore in the year-ago period. The release said DIAL's
GMR Airports Ltd on Wednesday said its subsidiary GMR Hyderabad International Airport Ltd will buy 70 per cent stake in its associate company ESR GMR Logistics Park Pvt Ltd for a little over Rs 41 crore. GMR Hyderabad Aerotropolis Ltd (GHAL), a wholly owned subsidiary of GMR Hyderabad International Airport, already holds 30 per cent stake in ESR GMR Logistics Park Pvt Ltd (EGLPPL). For the transaction, GMR Hyderabad International Airport has entered into a share purchase agreement with other shareholders. "Upon conclusion of the transaction, EGLPPL would become a wholly owned subsidiary of GHIAL," a regulatory filing said. EGLPPL, an associate company of GMR Hyderabad International Airport, is into development of warehousing and logistics park in Hyderabad. The transaction will be in furtherance to GMR Hyderabad International Airport's strategy of airport land development at Hyderabad such as building and creating diversified asset portfolios of industrial & warehousing, ...