Indigo Releases Q1 Financial Results Of Fy 2026

Despite a challenging operating environment marked by geopolitical tensions, airspace restrictions and the tragic accident in the Indian Aviation sector, IndiGo reported a net profit of INR 21,763 million for the quarter ended June 30, 2025.

The passenger volumes demonstrated a strong growth of around 12% year-over-year reflecting resilient demand despite the external headwinds.

Gurgaon, July 30, 2025: InterGlobe Aviation Ltd. (“IndiGo”) today reported its first quarter of fiscal year 2026 results.

For the quarter ended June 30, 2025, compared to the same period last year

• Capacity increased by 4% to 42.3 billion
• Passengers increased by 6% to 31.0 million
• Yield decreased by 0% to INR 4.98 and load factor declined by 2.1 pts to 84.6%
• Revenue from Operations increased by 7% to INR 204,963 million
• Reduction in fuel CASK by 9% to INR 1.38
• CASK ex fuel increased by 5% to INR 2.93
• EBITDAR of INR 57,386 million (28.0% EBITDAR margin), compared to EBITDAR of INR 58,111 million (29.7% EBITDAR margin)
• Net profit of INR 21,763 million, compared to net profit of INR 27,288 million

Profitability Metrics

*Net of forex loss, loss on forex hedging of INR 237 million and INR 80 million for quarter ended Jun’25 and Jun’24 respectively

Operational Metrics*

*Includes non-scheduled operations

Mr. Pieter Elbers, CEO, said, “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”

Revenue and Cost Comparisons

Total income for the quarter ended June 2025 was INR 215,426 million, an increase of 6.4% over the same period last year. For the quarter, our passenger ticket revenues were INR 177,917 million, an increase of 7.8% and ancillary revenues were INR 21,534 million, an increase of 22.1% compared to the same period last year.

*Net of finance income of INR 10,267 million and INR 6,504 million for quarter ended Jun’25 and Jun’24 respectively

Total expenses for the quarter ended June 2025 were INR 192,319 million, an increase of 10.2% over the same quarter last year.

* Net of finance income of INR 10,267 million and INR 6,504 million for quarter ended Jun’25 and Jun’24 respectively

Cash and Debt

As of 30^th June 2025

• IndiGo had a total cash balance of INR 494,057 million comprising INR 348,019 million of free cash and INR 146,038 million of restricted cash.
• The capitalized operating lease liability was INR 467,818 The total debt (including the capitalized operating lease liability) was INR 684,884 million.

Network and Fleet

• As of 30^th June 2025, fleet of 416 aircraft including 28 A320 CEOs (2 damp lease), 187 A320 NEOs, 141 A321 NEOs, 48 ATRs, 3 A321 freighters, 2 B777 (damp lease), 6 B737 (damp lease) and 1 B787 (damp lease); a net decrease of 18 passenger aircraft during the quarter.
• IndiGo operated at a peak of 2,269 daily flights during the quarter including non-scheduled
• During the quarter, provided scheduled services to 91 domestic destinations and 41 international destinations.

Operational Performance

For the period April-June’25

• IndiGo had a Technical Dispatch Reliability of 88%.
• IndiGo had an on-time performance of 4% at six key metros and flight cancellation rate of 1.0%.

Future Capacity Growth

• Second quarter of fiscal year 2026 capacity in terms of ASKs is expected to increase by mid to high single digit as compared to the second quarter of fiscal year 2025.

Awards and Accolades

• IndiGo has been awarded with three prestigious accolades at ‘8^th BIAL Pinnacle Awards 2025, hosted by Bangalore International Airport Limited (BIAL)
  • Network Airline of the Year
  • Airline of the Year – International (Short Haul)
  • Special Commendation – Rendition of the BLR Airport Anthem
• IndiGo won ‘Impactful DEI Program Award’ at the Bombay Chamber DEI Awards

Conference Call

The Company will conduct a live audio earnings call today, July 30 at 5 pm IST which will be available to the public on a listen only mode followed by Q&A session. The dial-in details are given below:

About IndiGo

IndiGo is amongst the fastest growing low-cost carriers in the world. IndiGo has a simple philosophy: offer fares that are low, flights that are on time, and a courteous, hassle-free travel experience. It had a fleet of 416 aircraft and provided scheduled services to 91 domestic and 41 international destinations as of 30^th June 2025.

Disclaimer

This document may contain some statements on the Company’s business or financials which may be construed as forward-looking. The actual results may be materially different from these forward-looking statements.