InterGlobe Aviation, the parent company of IndiGo, posted its Q1 FY26 results, showing a mixed bag of numbers.
Net profit came in at ₹2,176 crore, marking a 20.2% decline compared to ₹2,728 crore in the same quarter last year. However, the airline saw a 4.7% growth in revenue, which stood at ₹20,496 crore versus ₹19,571 crore year-on-year.
EBITDA edged up slightly to ₹5,226 crore from ₹5,158 crore, reflecting a marginal improvement of 1.3%. Margins, though, dipped to 25.5% from 26.4% in the year-ago period.
Operationally, IndiGo continued to expand. Capacity increased by 16.4% to 42.3 billion Available Seat Kilometers (ASKs), while passenger traffic jumped 11.6% to 31 million. However, yield declined by 5% to ₹4.98, and load factor softened by 2.1 percentage points to 84.6%.
Fuel cost per available seat kilometer (CASK) dropped sharply by 21.9% to ₹1.38, providing some relief, but CASK excluding fuel rose 2.5% to ₹2.93, reflecting pressure on other cost fronts.
Pieter Elbers, CEO of IndiGo, stated, “The June quarter was shaped by significant external challenges that created headwinds for the entire aviation sector. Despite these industry wide disruptions, we reported a net profit of INR 21,763 million with a net profit margin of around 11% for the quarter ended June 2025. While the revenue environment saw moderation, demand for air travel held strong as we served more than 31 million passengers during the quarter, reflecting a growth of around 12 percent on a year-over-year basis. Looking forward, we remain optimistic about the growth of air travel and with our scale, network and fit for purpose fleet, we remain committed to serve the growing demand.”
