INDIA. Adani Airports Holdings Limited (AAHL) turned in a strong first half with EBITDA increasing +51% year-on-year to INR2,157 crore (US$243.4 million) on income up +32% to INR5,882 crore (US$663.9 million).
For Q2 (see table below), income rose +39% year-on-year and EBITDA surged +43%.
With eight Indian gateways in its management and development portfolio*, Adani Airport Holdings is the country’s largest airport infrastructure company in terms of passenger footfall and air cargo traffic.
Besides the airports it operates, Adania has a series of joint ventures across its duty-free, specialist retail, food & beverage and hospitality businesses.
The stellar showing was revealed as parent Adani Enterprises (AEL – the flagship company of the Adani Group) announced its H1 FY26 results for the six-month period ended 30 September 2025.
AEL H1 revenue declined -10% to INR 44,281 crore (US$4.9 billion) while EBITDA was down -11% to INR7,688 crore (US$867 million).
Adani Group Chairman Gautam Adani highlighted the 8 October inauguration of Navi Mumbai International Airport, commenting: “The inauguration of the Navi Mumbai International Airport marks a defining moment in India’s infrastructure story and reinforces AEL’s role as a national growth catalyst.”
The new airport will commence operations from Q3 FY26, the group noted. {Main story continues after the message below}
Gautam Adani continued, “Our strong performance across airports, data centres and roads underscore the momentum of our core infrastructure portfolio.
“With partnerships such as the one with Google for India’s largest AI data centre and rapid progress in our green energy ecosystem, AEL is accelerating India’s transition toward a sustainable, technology-driven future.
“We remain committed to building globally competitive businesses that create enduring value for our stakeholders and strengthen the foundation of a self-reliant India.” ✈
*ABOUT ADANI AIRPORT HOLDINGS
Adani Airport Holdings Ltd (AAHL) was incorporated in 2019 as a 100% subsidiary of Adani Enterprises Ltd.
In line with its vision to be a global leader in integrated infrastructure and transport logistics, the Adani Group emerged as the highest bidder for the operation, management and development of six airports: Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram. It subsequently signed concession agreements with Airports Authority of India for all six.
The group also holds a 73% stake in Mumbai International Airport Ltd, which in turn holds a 74% stake in Navi Mumbai International Airport Ltd.
With eight airports in its management and development portfolio, Adani Airport Holdings is India’s largest airport infrastructure company in terms of passenger footfall and air cargo traffic.
The company also has a series of joint ventures in place across its duty-free, specialist retail, food & beverage and hospitality businesses.
