GMR Airports Ltd. has recorded a significant block trade transaction on the National Stock Exchange (NSE), highlighting substantial institutional trading activity in the aviation infrastructure company's shares.

Block Trade Details

The transaction represents a considerable movement in GMR Airports' shares, with key parameters outlined below:

Transaction Significance

Block trades are typically executed by institutional investors, mutual funds, or large stakeholders looking to transact significant volumes without impacting the regular market price discovery mechanism. These transactions are usually conducted outside regular trading hours or through special trading windows to ensure minimal market disruption.

The transaction volume of approximately 2.30 million shares at Rs. 89.84 per share indicates substantial institutional interest in GMR Airports' equity. Such large-scale transactions often reflect strategic portfolio adjustments by institutional investors or potential changes in shareholding patterns.

Market Context

GMR Airports Ltd., being a prominent player in India's aviation infrastructure sector, regularly attracts institutional attention due to its strategic airport operations and growth prospects. Block trades of this magnitude typically signal confidence in the company's fundamentals and long-term business outlook among large investors.

GMR Airports Limited has released its monthly traffic data for December 2025, revealing mixed performance across its airport portfolio under SEBI LODR regulations. The company's traffic statistics demonstrate both challenges and achievements during the third quarter of fiscal year 2026.

Overall Portfolio Performance

The airport operator handled 10.68 million passengers across its portfolio (excluding Cebu) in December 2025, representing a 1.90% decline compared to the same period last year. However, the quarterly and year-to-date figures present a more positive outlook for the company's operational performance.

Delhi Airport Leads Portfolio

Delhi Airport emerged as the standout performer in terms of absolute numbers, handling 7.03 million passengers in December 2025, despite a marginal 0.50% decline year-on-year. The airport achieved several operational milestones during the reporting period.

Delhi Airport recorded its highest-ever single day passenger traffic of approximately 253,000 on December 22, 2025, along with the highest-ever single day aircraft movements of 1,414 on the same date. The airport achieved record quarterly performance with 20.85 million passengers in Q3 FY26.

Hyderabad Airport Shows Resilience

Hyderabad Airport processed 2.50 million passengers in December 2025, marking an 8.60% decline compared to December 2024. Despite the monthly decline, the airport demonstrated strong year-to-date performance with 7.30% growth, handling 23.23 million passengers in YTD FY26.

The airport achieved highest-ever international passenger traffic in December 2025 and Q3 FY26, with international traffic growing 12.70% and 12.20% respectively during these periods.

Mopa Airport Maintains Strong Growth

Mopa (Goa) Airport continued its impressive growth trajectory, handling 525,232 passengers in December 2025, representing a robust 23.80% increase year-on-year. The airport achieved highest-ever monthly passenger traffic, surpassing its previous record.

International Operations Performance

The company's international airport operations showed mixed results. Medan (Indonesia) handled 620,237 passengers in December 2025, down 6.40% year-on-year, while Cebu (Philippines) processed 1.28 million passengers with 13.50% growth. The company noted that Cebu divestment has been completed, but GMR will continue operating as the technical services provider until December 2026.

Operational Challenges and Recovery

GMR Airports attributed some traffic moderation to temporary operational disruptions, including airspace changes due to geopolitical events and runway upgradation projects at Delhi Airport. The enhanced runway reopened on September 16, 2025, and upgraded Terminal 2 became operational on October 26, 2025, contributing to improved performance trends in subsequent months.