GMR Airports Limited has announced that it will maintain the same tariff rates for the fourth quarter of FY 2025-26, specifically from January 1, 2026, to March 31, 2026. This decision follows a request from GMR Hyderabad International Airport Limited (GHIAL) to the Airports Economic Regulatory Authority of India (AERA) to keep the aeronautical charges, including Landing Charges, Parking Charges, and User Development Fees (UDF), consistent with the rates applicable from April 1, 2025, through December 31, 2025. This amendment was officially approved by AERA on October 31, 2025, ensuring that the tariff levels remain at a lower rate compared to other quarters of FY 2025-26.
The original order from AERA, issued on August 31, 2021, established the aeronautical tariffs for the third control period, covering FY 2021-22 to FY 2025-26. The AERA’s decision to allow GHIAL to collect the same rates for the last quarter of this period is significant as it helps provide stability for both the airport operator and its users amid fluctuating economic conditions. The regulatory body aims to balance the interests of stakeholders while facilitating fair pricing in the aviation sector.
For stakeholders and investors, this development is critical as it reinforces GMR Airports Limited's operational predictability and minimizes potential revenue impacts that might arise from tariff changes. The company’s equity is listed under the symbol GMRAIRPORT on the National Stock Exchange of India, while its debt securities are identified with the numbers 976449, 976601, 977026, and 977027. As the aviation sector continues to recover post-pandemic, maintaining tariff stability could enhance GMR Airports' competitive position and financial outlook in the coming quarters.