GMR Airports Limited, through its subsidiary GMR Hyderabad International Airport Limited (GHIAL), has achieved tariff stability for the first quarter of 2026 following approval from the Airports Economic Regulatory Authority of India (AERA). On October 31, 2025, AERA issued an amendment to its previous order, allowing GHIAL to maintain aeronautical charges, including Landing Charges, Parking Charges, and User Development Fees (UDF), at the same rates applicable from April 1, 2025, until December 31, 2025. This decision is significant as it stabilizes tariffs for the last quarter of the third control period (FY 2025-26), which runs from January 1 to March 31, 2026.

The original tariff determination was set out in AERA's order dated August 31, 2021, which outlined the aeronautical tariffs for Rajiv Gandhi International Airport (RGIA) in Hyderabad over the third control period from FY 2021-22 to FY 2025-26. GHIAL's request for maintaining the existing tariff structure for the fourth quarter of FY 2025-26 underscores the company's commitment to providing predictable pricing amidst fluctuating market conditions. The approval facilitates operational planning for airlines and other stakeholders using the airport, ensuring that fees remain consistent during this period.

This regulatory approval marks a crucial development for GMR Airports, as it enhances investor confidence and operational predictability for the airport's stakeholders. The stability in tariffs is expected to support GHIAL's ongoing efforts to improve passenger services and infrastructure at RGIA. For investors and analysts monitoring GMR Airports, the retention of these rates is likely to have a positive impact on the company's financial outlook and operational performance in the upcoming fiscal quarters.