Delhi T3 Contract Renewal (Sep 2026)
Delhi T3 contract (currently extended to September 2026) is up for renewal via open tender. This is a significant revenue exposure requiring competitive rebid.
TRAVELFOOD / Q3-FY26 / risks
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Travel Food Services · Material risks, their source context, and severity in the latest available quarter.
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Kolkata Traffic Decline
Kolkata was one of the few top-10 airports to see slight passenger decline in Q3, unlike the broad-based growth seen elsewhere in the network.
Chennai and Kolkata Renewals FY27-28
Chennai and Kolkata contracts coming up for renewal in FY27-28. Analyst raised question on renewal risk; management acknowledged these as the next two-year renewal priorities.
Simolina JV Deconsolidation Impact
Simolina Kitchens deconsolidated effective October 14, 2024, affecting YoY comparability. Management adjusted Q3 FY25 numbers but investors should verify normalized growth calculations.