GMR Airports scales cargo operations and posts record volumes
GMR Airports Limited reports record-breaking cargo volumes for Q2FY27, securing a major FedEx facility in Delhi and a European MoU for Hyderabad.
GMR Airports Limited (GAL) has demonstrated exceptional growth and strategic expansion within its air freight and logistics operations during the second quarter and first half of the financial year 2027. The company's dedicated focus on its cargo business platform has yielded record-breaking handling volumes, significant infrastructure expansions, and key international alliances across its portfolio of airports. The company's broader adjacency business strategy identifies cargo as a crucial, perpetual business line that requires less capital intensity while offering high revenue growth potential and economies of scale across both domestic and international markets.
At the forefront of this logistical growth is the Delhi International Airport (DIAL), which successfully handled its highest-ever cargo volumes during both the second quarter and the first half of FY27. Specifically, Delhi Airport recorded a 12% year-on-year increase in overall cargo volumes, successfully processing 0.63 million tonnes during the first half of the financial year. This surge in physical volume translated directly into strong financial performance, with cargo revenues at Delhi Airport increasing by 15% year-on-year to reach ₹2.8 billion in H1FY27. Within the broader financial ecosystem of Delhi Airport, cargo operations now account for a substantial 14% of the total non-aeronautical revenue, which stood at ₹20.1 billion for the half-year period.
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