GMR Airports Board Approves Financial Results, Appoints New Directors

GMR Airports Limited’s Board approved the Un-audited Financial Results for the quarter and half-year ended September 30, 2025. The board also took note of the resignation of Mr. Suresh Lilaram Narang and approved the appointment of Mr. Normand Boivin, Dr. Mathilde Lemoine, Mr. Salil Anil Gupte, Mr. Regis Sebastien Lacote, Ms. Christelle Florence Nicole Jacquemet de Robillard, and Mr. Matthieu Daubert as Additional Directors.

Financial Results Approval

The Board of Directors of GMR Airports Limited convened on November 13, 2025, and considered and approved the Un-audited Financial Results of the Company (Standalone and Consolidated) for the quarter and half-year ended September 30, 2025.

Directorate Changes

The Board took note of the resignation of Mr. Suresh Lilaram Narang (DIN: 08734030) as Non-Executive Independent Director, effective November 13, 2025.

Appointment of Additional Directors

The Board approved the appointment of several Additional Directors:

  • Mr. Normand Boivin (DIN: 11228805) as Non-Executive Independent Director
  • Dr. Mathilde Lemoine (DIN: 11293586) as Non-Executive Independent Director
  • Mr. Salil Anil Gupte (DIN: 08438601) as Non-Executive Independent Director
  • Mr. Regis Sebastien Lacote (DIN: 09135168) as Non-Executive Non-Independent Director
  • Ms. Christelle Florence Nicole Jacquemet de Robillard (DIN: 10372191) as Non-Executive Non-Independent Director
  • Mr. Matthieu Daubert (DIN: 11373737) as Non-Executive Non-Independent Director

Independent Auditor’s Review Conclusion

Walker Chandiok & Co LLP, the independent auditor, stated that based on their review, nothing came to their attention that causes them to believe that the accompanying Statement contains any material misstatement. They also drew attention to note 2 relating to ongoing litigations between Delhi International Airport Limited (DIAL) and Airports Authority of India.

Financial Performance Highlights (Consolidated)

  • Total income for Q2 2026: Rs. 3,754.38 crore
  • Total expenses for Q2 2026: Rs. 2,222.96 crore
  • EBITDA for Q2 2026: Rs. 1,531.42 crore
  • Profit/ (loss) after tax for Q2 2026: Rs. 35.06 crore
  • Total income for H1 2026: Rs. 7,075.08 crore

Source: BSE

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