InterGlobe Aviation Ltd., the parent company of IndiGo, saw its shares dip more than 2% in morning trade on Thursday after the airline’s Q1 FY26 earnings came in below Street estimates. The stock reacted sharply to a decline in quarterly profit and revenue figures that missed analyst expectations.
IndiGo reported a consolidated net profit of ₹2,176 crore for the April-June quarter, marking a 20.2% decline from ₹2,728 crore in the same period last year. The number also missed CNBC-TV18’s poll estimate of ₹2,484 crore, dampening investor sentiment.
India’s largest airline posted total revenue of ₹20,496 crore, up 4.7% year-on-year. However, this too fell short of the expected ₹21,150 crore.
The airline’s EBITDA for the quarter rose marginally by 1.3% year-on-year to ₹5,226 crore, against an estimate of ₹5,455 crore. Meanwhile, the operating margin stood at 25.5%, down from 26.4% in the year-ago period and slightly below the anticipated 25.7%.
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