InterGlobe Aviation, the parent company of IndiGo, on January 22 reported a sharp decline in its consolidated net profit for Q3 FY26. The airline posted a profit of Rs 549.8 crore, down 77.5 percent year-on-year, mainly due to exceptional items, new labour codes, and operational disruptions faced in December 2025. Despite profit pressure, revenue from operations showed steady growth during the quarter.
Sharp Profit Decline:
IndiGo’s net profit fell to Rs 549.8 crore from Rs 2,448.8 crore in Q3 FY25, impacted by exceptional costs.
Impact of Exceptional Items:
Excluding exceptional items worth Rs 1,546.5 crore, net profit would have stood at Rs 2,096.3 crore, a 14 percent YoY decline.
Revenue Sees Moderate Growth:
Revenue from operations rose 6 percent YoY to Rs 23,471.9 crore during the quarter.
Capacity and Passenger Update:
Capacity increased 11.2 percent YoY, while passenger numbers rose 2.8 percent to 3,190 crore.
Operational Metrics Weaken:
Load factor declined to 84.6 percent, yield fell to Rs 5.33, and fuel CASK reduced by 2.8 percent.
Outlook for Q4:
IndiGo expects capacity measured in available seat kilometres (ASK) to grow 10 percent in the fourth quarter, even as overall costs rose nearly 10 percent in Q3.