IndiGo operator InterGlobe Aviation has reported a decline in its consolidated net profit for the third quarter of FY25, falling 18% year-on-year to Rs 2,449 crore, compared to Rs 2,998 crore in the same period last year. Despite the dip in profits, the airline posted a 14% increase in revenue, with Q3FY25 revenue from operations reaching Rs 22,111 crore, signaling continued growth in its top-line performance.
The company attributed the drop in profit to several factors, including higher operational costs, which have affected margins in the face of growing demand for air travel. The rise in fuel prices and increased expenses related to staffing, maintenance, and other operational aspects played a role in impacting profitability. However, the airline remained optimistic about its long-term growth prospects, noting that its strong revenue performance indicates healthy demand in the aviation sector.
IndiGo has been benefiting from a recovery in domestic and international air travel, particularly after the disruptions caused by the COVID-19 pandemic. The airline continues to expand its fleet and improve its network, which helped drive the increase in revenue. In addition, the airline’s market share in India remains strong, and it has been making efforts to further consolidate its position in the competitive aviation industry.
The increase in revenue reflects the airline’s ability to attract more passengers, despite the challenges posed by rising operational costs. While the decline in net profit is a concern, IndiGo’s performance in Q3FY25 suggests that it is still well-positioned to weather the uncertainties of the aviation industry and maintain growth momentum.
Looking ahead, IndiGo plans to continue its focus on fleet expansion, improving customer experience, and managing costs effectively to navigate potential challenges in the coming quarters. The airline’s commitment to delivering high-quality service and its robust position in the Indian aviation market will likely play a key role in its recovery and future success.
