Q3 Results Impact: GMR Airports Shares Surge 7%, FirstCry Plunges 11%

s shares rallied nearly 7% to close at Rs 100.60, marking the highest level in over a month. The surge followed strong Q3 FY26 results, with consolidated revenue from operations jumping 50.5% year-on-year to Rs 3,994 crore from Rs 2,653 crore in the same quarter last year. Despite a 14% dip in net profit to Rs 173.96 crore due to one-time expenses, robust revenue growth, EBITDA surge (up 71% to Rs 1,701 crore), and record passenger traffic drove positive investor sentiment. In contrast, FirstCry parent Brainbees Solutions saw shares tumble over 11% to close at Rs 239.45, hitting an intraday 52-week low of Rs 236.80 earlier. The decline came after Q3 results showed revenue rising 11.6-12% YoY to around Rs 2,424 crore, but net loss widened to Rs 38-39 crore from Rs 15 crore, pressured by higher costs, increased discounting, and margin compression in key segments. The contrasting performances highlighted sector-specific dynamics amid varying operational challenges and growth trajectories.