loader2
Login Open ICICI 3-in-1 Account
Open ICICI 3-in-1 Account

Interglobe Aviation Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
InterGlobe Aviation Ltd. 04 Nov 2025 18:14 PM
Result PDF

Q2FY26 Quarterly Result Announced for InterGlobe Aviation Ltd.

Airlines company InterGlobe Aviation announced Q2FY26 results

  • Capacity increased by 7.8% to 41.2 billion.
  • Passengers increased by 3.6% to 28.8 million.
  • Yield increased by 3.2% to Rs 4.69 and load factor was flat at 82.5%.
  • Revenue from Operations increased by 9.3% to Rs 185,553 million.
  • Reduction in fuel CASK by 16.3% to Rs 1.45.
  • CASK ex fuel ex fx increased by 3.9% to Rs 3.01.
  • EBITDAR excluding forex impact of Rs 38,003 million (20.5% EBITDAR margin), compared to EBITDAR excluding forex impact of Rs 26,668 million (15.7% EBITDAR margin).
  • EBITDAR of Rs 11,143 million (6.0% EBITDAR margin), compared to EBITDAR of Rs 24,340 million (14.3% EBITDAR margin).
  • Net profit excluding forex impact amounted to Rs 1,039 million compared to net loss excluding forex of Rs 7,539 million.
  • Net loss of Rs 25,821 million, compared to net loss of Rs 9,867 million.

Pieter Elbers, CEO, said: “Our optimized capacity deployment has enabled us to deliver a 10% growth in topline revenue and excluding impact of currency movement, an operational profit of 104 crore rupees as compared to an operational loss last year. As India’s aviation sector continues to grow and mature, we recognize the importance of structurally optimizing capacity during seasonally weaker periods to sustain profitability. The quarter also had a very strong Operational Performance as IndiGo continues to lead the On Time Performance charts, Customer appreciation, and expansion of the network.

The year began with significant external challenges across the industry, but we saw stabilization in July and a strong recovery through August and September. Looking ahead, we have scaled up our operational plans for the second half to meet demand and continue driving growth. With that we have nudged up our capacity guidance for full financial year 2026 to early teens growth”

Result PDF

Result PDF

Airlines company InterGlobe Aviation announced Q1FY26 results

  • Capacity increased by 16.4% to 42.3 billion
  • Passengers increased by 11.6% to 31.0 million
  • Yield decreased by 5.0% to Rs 4.98 and load factor declined by 2.1 pts to 84.6%
  • Revenue from Operations increased by 4.7% to Rs 204,963 million
  • Reduction in fuel CASK by 21.9% to Rs 1.38
  • CASK ex fuel increased by 2.5% to Rs 2.93
  • EBITDAR of Rs 57,386 million (28.0% EBITDAR margin), compared to EBITDAR of Rs 58,111 million (29.7% EBITDAR margin)
  • Net profit of Rs 21,763 million, compared to net profit of Rs 27,288 million

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 Rs 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% 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”

Result PDF

Airlines company InterGlobe Aviation announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Capacity increased by 21.0% to Rs 42.1 billion
  • Passengers increased by 19.6% to Rs 31.9 million
  • Yield increased by 2.4% to Rs 5.32 and load factor improved by 1.1 pts to 87.4%
  • Revenue from Operations increased by 24.3% to Rs 221,519 million
  • Reduction in fuel CASK by 6.6% to Rs 1.60
  • EBITDAR of Rs 69,482 million (31.4% EBITDAR margin), compared to EBITDAR of Rs 44,123 million (24.8% EBITDAR margin)
  • Net profit of Rs 30,675 million, compared to net profit of Rs 18,948 million

FY25 Financial Highlights:

  • Capacity increased by 13.1% to 157.5 billion
  • Passengers increased by 11.1% to 118.6 million
  • Yield increased by 1.3% to Rs 5.15 and load factor was 86.0%
  • Revenue from Operations increased by 17.3% to Rs 808,029 million
  • Reduction in fuel CASK by 3.1% to Rs 1.66
  • CASK ex fuel increased by 12.5% to Rs 3.00
  • EBITDAR of Rs 212,520 million (26.3% EBITDAR margin), compared to EBITDAR of Rs 175,447 million (25.5% EBITDAR margin)
  • Excluding foreign exchange loss, profit amounted to Rs 88,676 million, compared to profit of Rs 88,897 million
  • Net profit of Rs 72,584 million, compared to net profit of Rs 81,725 million
  • Basic earnings per share of Rs 187.93

Pieter Elbers, CEO, said, “We are proud to report healthy financial performance for this quarter and the financial year 2025 as we reported a net profit of Rs 72,584 million. Our sustained performance is the result of record passenger volumes, operational efficiencies, agility and commitment demonstrated by IndiGo employees. A big thank you to our 118.6 million customers in FY25 for placing their trust in us and to all my IndiGo colleagues for their great work and relentless dedication.

As we build on this momentum, we will continue to focus on cost leadership and further Internationalization with the start of our European operations.

I am very pleased that the trust and continued support of our shareholders during the challenging covid period and beyond can now be rewarded with a recommended dividend of 10 rupees per share. Further, our continued performance and strong balance sheet has also been recognized by a leading International credit rating agency by assigning an Investment grade credit rating”

Result PDF

Airlines company InterGlobe Aviation announced Q3FY25 results

  • Capacity increased by 12.0% to 40.8 billion.
  • Passengers increased by 12.7% to 31.1 million.
  • Unit passenger revenue (PRASK) up by 0.3% to Rs 4.72.
  • Revenue from Operations increased by 13.7% to Rs 221,107 million.
  • CASK has increased by 6.8% to Rs 4.83 (CASK ex fuel ex fx increased by 10.1% to Rs 2.90).
  • EBITDAR of Rs 60,587 million (27.4% EBITDAR margin), compared to EBITDAR of Rs 54,751 million (28.1% EBITDAR margin).
  • EBITDAR excluding forex impact of Rs 74,560 million (33.7% margin), compared to EBITDAR excluding forex impact of Rs 55,260 million (28.4% margin).
  • Net profit of Rs 24,488 million, compared to net profit of Rs 29,981 million.
  • Cash and Debt:
    • IndiGo had a total cash balance of Rs 4,37,808 million comprising Rs 2,89,035 million of free cash and Rs 1,48,773 million of restricted cash.
    • The capitalized operating lease liability was Rs 4,95,937 million. The total debt (including the capitalized operating lease liability) was Rs 6,51,385 million.
  • Network and Fleet:
    • As of 31st December 2024, fleet of 437 aircraft including 45 A320 CEOs (19 damp lease and 6 secondary leases), 199 A320 NEOs, 128 A321 NEOs, 48 ATRs, 3 A321 freighters, 12 B737 (damp lease) and 2 B777 (damp lease); a net increase of 27 passenger aircraft during the quarter.
    • IndiGo operated at a peak of 2,200 daily flights during the quarter including non-scheduled flights.
    • During the quarter, provided scheduled services to 89 domestic destinations and 34 international destinations.
  • IndiGo had a Technical Dispatch Reliability of 99.89%.
  • IndiGo had an on-time performance of 73.3% at four key metros and flight cancellation rate of 0.97%.

Pieter Elbers, CEO, said: “We delivered a strong Q3FY25, both operationally and financially. We reported a total income of Rs 230 billion, reflecting a growth of 15 percent and profit excluding the impact of currency movement of Rs 38.5 billion. Including currency impact, we reported a profit of Rs 24.5 billion highlighting effective execution of our clear and well-defined strategy. These results were driven by robust demand in the market and our ability to cater to that demand supported by lower fuel prices.

We touched new milestones as we operated a peak of 2,200 daily flights and served a record 31.1 million passengers during the quarter. We will continue the growth path to offer our customers with options to conveniently fly to the destination of their choice.”

Result PDF

Airlines company InterGlobe Aviation announced Q2FY25 results

  • Capacity increased by 8.2% to 38.2 billion.
  • Passengers increased by 5.8% to 27.8 million.
  • Yield increased by 2.3% to Rs 4.55 and load factor reduced by 0.6 pts to 82.6%.
  • Revenue from Operations increased by 13.6% to Rs 1,69,696 million.
  • Fuel CASK increased by 4.2% to Rs 1.73.
  • CASK ex fuel increased by 16.8% to Rs 2.96.
  • EBITDAR of Rs 24,340 million (14.3% EBITDAR margin), compared to EBITDAR of Rs 24,465 million (16.4% EBITDAR margin).
  • Net loss of Rs 9,867 million, compared to net profit of Rs 1,889 million.

Pieter Elbers, CEO, InterGlobe Aviation, said: “IndiGo’s growth and expansion continued as our topline grew by 14.6 percent on a year over year basis, in the second quarter to 178 billion rupees. In a traditionally weaker second quarter, results were further impacted by headwinds related to groundings and fuel costs. We have turned the corner as the number of grounded aircraft and associated costs have started reducing.

We continue to capitalize on the growth of the Indian market and associated opportunities and at the same time remain a cost leader in this competitive market. It marks a proud moment for us as we launch our business class two weeks from now and offer a new experience to our customers. We are receiving positive response to our recently launched loyalty rewards program – IndiGo BluChip. I would like to extend my gratitude to our 6E family for their continuous efforts in making IndiGo India’s preferred airline and courteously serving 28 million customers during the quarter.”

Result PDF

Airlines company InterGlobe Aviation announced Q1FY25 results:

Financial Highlights:

  • Capacity increased by 11.1% to 36.3 billion
  • Passengers increased by 6.2% to 27.8 million
  • Yield increased by 1.3% to Rs 5.24 and load factor reduced by 1.9 pts to 86.7%
  • Revenue from Operations increased by 17.3% to Rs 1,95,707 million
  • Fuel CASK increased by 10.5% to Rs 1.77
  • CASK ex fuel increased by 11.1% to Rs 2.86
  • EBITDAR of Rs 58,111 million (29.7% EBITDAR margin), compared to EBITDAR of Rs 52,108 million (31.2% EBITDAR margin)
  • Excluding foreign exchange loss, profit amounted to Rs 27,863 million compared to profit of Rs 29,745 million
  • Net profit of Rs 27,288 million, compared to net profit of Rs 30,906 million

Operation Highlights:

  • IndiGo had a Technical Dispatch Reliability of 99.89%.
  • IndiGo had an on-time performance of 74.8% at four key metros and flight cancellation rate of 1.1%.

Pieter Elbers, CEO, said, “I am pleased to report another strong quarterly financial performance for the first quarter of financial year 2025. A continued growth in total income of 18 percent as compared to the same period last year to 202.5 billion rupees and a net profit of 27.3 billion rupees, resulting in a solid margin of around 14 percent.

I want to extend heartfelt gratitude to our 28 million customers this quarter for their continued loyalty and choosing IndiGo for their travels. In a few days, we will celebrate our 18th anniversary wherein we will unveil our recently announced new initiatives to address the evolving market developments and our customers’ feedback. I would also like to thank all my 6E colleagues for their continued dedication, professionalism, and commitment in serving our customers.”

Result PDF

Airlines company InterGlobe Aviation announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Capacity increased by 14.4% to 34.8 billion
  • Passengers increased by 14.0% to 26.7 million
  • Yield increased by 7.0% to Rs 5.19 and load factor improved by 2.1 pts to 86.3%
  • Revenue from Operations increased by 25.9% to Rs 1,78,253 million
  • Reduction in fuel CASK by 6.9% to Rs 1.72
  • CASK ex fuel increased by 14.7% to Rs 2.90
  • EBITDAR of Rs 44,123 million (24.8% EBITDAR margin), compared to EBITDAR of Rs 29,665 million (20.9% EBITDAR margin)
  • Excluding foreign exchange loss, profit amounted to Rs 20,602 million compared to profit of Rs 6,664 million
  • Net profit of Rs 18,948 million, compared to net profit of Rs 9,192 million

FY24 Financial Highlights:

  • Capacity increased by 21.8% to 139.3 billion
  • Passengers increased by 24.7% to 106.7 million
  • Yield decreased by 1.0% to Rs 5.08 and load factor improved by 3.8 pts to 85.9%
  • Revenue from Operations increased by 26.6% to Rs 6,89,043 million
  • Reduction in fuel CASK by 17.0% to Rs 1.72
  • CASK ex fuel decreased by 3.6% to Rs 2.66
  • EBITDAR of Rs 1,75,447 million (25.5% EBITDAR margin), compared to EBITDAR of Rs 73,116 million (13.4% EBITDAR margin)
  • Excluding foreign exchange loss, profit amounted to Rs 88,899 million compared to profit of Rs 26,540 million
  • Net profit of Rs 81,725 million, compared to net loss of Rs 3,058 million
  • Basic earnings per share of Rs 211.84

Pieter Elbers, CEO, said, “FY24 has been a year of many remarkable achievements and milestones. For the full financial year 2024, we reported our highest ever total income of around 712 billion rupees with a net profit of around 82 billion rupees and a net profit margin of 11.9%. The 4th quarter financial results were positive, making it all four quarters in FY24 profitable. The strong execution of our strategy has yielded consistent results for us as we achieved the targets that we had set for ourselves as a team at the beginning of the year. My sincere gratitude to our 107 million customers for placing their trust in us and to all my IndiGo colleagues for their great work and relentless dedication.”

Result PDF

Airlines company InterGlobe Aviation announced Q3FY24 results:

Financial Highlights
- Net profit: Rs 29,981 million for Q3FY24, with robust demand driving profitability for five consecutive quarters.
- Revenue from Operations: Increased by 30.3% to Rs 1,94,521 million.
- Yield: Increased by 2.0% to Rs 5.48.
- Load Factor: Improved by 0.7 points to 85.8%.
- Reduction in Fuel CASK: By 6.7% to Rs 1.88.
- CASK ex-fuel: Decreased by 4.2% to Rs 2.64.
- EBITDAR: Rs 54,751 million (28.1% EBITDAR margin), a significant increase from the previous year.

Operational Metrics
- Capacity increased by 26.8%.
- Passengers carried: Increased by 23.4% to 27.5 million.
- The fleet consisted of 358 aircraft as of December 31, 2023.

Cash and Debt
- Total Cash Balance: Rs 3,24,280 million (comprising Rs 191,996 million of free cash).
- Total Debt: Rs 511,875 million (including capitalized operating lease liability).

Network and Fleet Expansion
- IndiGo operated a peak of 2,016 daily flights and served 86 domestic and 29 international destinations.
- The fleet expanded by a net addition of 23 passenger aircraft and 1 freighter during the quarter.

Operational Performance
- Technical Dispatch Reliability: 99.91%
- On-time Performance: 78% at key metros.
- Flight Cancellation Rate: 0.94%

Company’s CEO, Pieter Elbers said, “For the third quarter of financial year 2024, we reported a profit after tax of 30 billion rupees with a profit after tax margin of 15.4%. With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive again.

This series of profitable growth is attributable to the confidence shown by passengers who chose to fly with us. We are grateful for our customers’ confidence and our thousands of employees who continue to put their best foot forward each day to serve them.

The year 2023 was marked by numerous milestones. We served 100 million plus passengers in a calendar year and joined the select club of global carriers operating at this scale. We started operating 2,000 plus daily flights to 118 destinations. Each achievement is a testament to our focused strategy, loyalty of our customers and dedication of 6E employees.”

 

 

Result PDF

Airlines company InterGlobe Aviation announced Q2FY24 results:

1. Financial Performance:
- IndiGo recorded a profit of Rs 8,061 million for the quarter, excluding foreign exchange loss.
- Net profit for the quarter was Rs 1,889 million, including a foreign exchange loss of Rs 6,171 million.
- Revenue from operations increased by 19.6% to Rs 1,49,439 million.
- Reduction in fuel CASK by 26.7% to Rs 1.66.

2. Operational Metrics:
- Capacity increased by 27.7%.
- Passengers increased by 33.4% to 26.3 million.
- Yield declined by 12.4% to Rs 4.44 and load factor improved by 4.1 points to 83.3%.

3. Profitability Metrics:
- EBITDAR of Rs 24,464 million with an EBITDAR margin of 16.4%.
- Excluding foreign exchange loss, profit amounted to Rs 8,061 million compared to a loss of Rs 3,818 million.
- Net profit of Rs 1,889 million, compared to a net loss of Rs 15,833 million.

4. Revenue and Cost Comparisons:
- Total income increased by 20.6% to Rs 1,55,029 million.
- Passenger ticket revenues increased by 17.6% to Rs 1,30,690 million.
- Ancillary revenues increased by 20.5% to Rs 15,510 million.

5. Cash and Debt:
- Total cash balance of Rs 3,06,658 million, with Rs 1,80,827 million as free cash and Rs 1,25,831 million as restricted cash.
- Total debt (including capitalized operating lease liability) of Rs 4,93,917 million.

6. Network and Fleet:
- Fleet of 334 aircraft, including 20 A320 CEOs, 176 A320 NEOS, 93 A321 NEOs, 41 ATRs, 2 A321 freighter, and 2 B777 (damp lease).
- Operated at a peak of 1,958 daily flights, including non-scheduled flights.
- Provided scheduled services to 79 domestic destinations and 28 international destinations.

7. Operational Performance:
- Technical Dispatch Reliability of 99.89%.
- On-time performance of 86.5% at four key metros and a flight cancellation rate of 0.64%.

8. Future Capacity Growth:
- Third quarter fiscal year 2024 capacity is expected to increase by around 25% compared to the previous year.

Company’s CEO, Pieter Elbers said, “I am pleased to report yet another profitable quarter despite the seasonal fluctuations and external headwinds coming into play. With our clear strategy and focus on execution, we have completed a full cycle and remained profitable for the last four quarters. We continued to augment our network both domestically and internationally as we added 10 new destinations in the past few months, taking the total number of destinations to 115 as of today.

My deepest gratitude to all 6E employees for their hard work, determination, and passion they bring to their roles in serving our loyal IndiGo customers.”

 

 

Result PDF

Airlines company InterGlobe Aviation announced Q1FY24 results:

  • Capacity increased by 18.8% to 32.7 billion.
  • Passenger numbers increased by 30.1% to 26.2 million.
  • Yield declined by 1.2% to Rs 5.18 and load factor improved by 9.0 pts to 88.6%.
  • Revenue from operations increased by 29.8% to Rs 1,66,831 million.
  • Average fuel prices decreased by 22.5% leading to a decrease in fuel CASK by 26.6% to Rs 1.60
  • CASK ex-fuel decreased by 11.4% to Rs 2.57 due to higher capacity.
  • EBITDAR of Rs 52,109 million (31.2% EBITDAR margin), compared to EBITDAR of Rs 7,169 million (5.6% EBITDAR margin).
  • Profit excluding foreign exchange of Rs 29,745 million compared to profit excluding foreign exchange of Rs 3,603 million.
  • Net profit of Rs 30,906 million, compared to a net loss of Rs 10,643 million.

Pieter Elbers, CEO, said, “I am pleased to report a solid start to the year building on the positive momentum from the last two quarters. We produced strong operational performance and welcomed the highest number of quarterly passengers which enabled us to generate the highest ever quarterly revenue and net profit for the quarter ended June 2023. During this quarter, we placed a new order for 500 aircraft that takes our outstanding order book to c.1,000 aircraft and further strengthens our position for future growth.

My deepest gratitude to all our loyal customers and dedicated 6E stars for the progress we have made towards our (new) growth strategy - towards new heights and across new frontiers.”

 

 

Result PDF

Trending News

Midhani has secured an order of Rs. 121.75 crore

Midhani has secured an order of Rs. 121.75 crore

Published on 19-Dec-2025 09:02

Aeroflex Industries Board has approved a ₹97.56 crore expansion plan

Aeroflex Industries Board has approved a ₹97.56 crore expansion plan

Published on 19-Dec-2025 09:01

As per media sources, HDFC Bank has raised a $1 billion three-year overseas loan from its GIFT City branch

As per media sources, HDFC Bank has raised a $1 billion three-year overseas loan from its GIFT City branch

Published on 19-Dec-2025 09:00

TCS, on its Investor Day 2025, articulated a clear shift towards an AI-first enterprise

TCS, on its Investor Day 2025, articulated a clear shift towards an AI-first enterprise

Published on 18-Dec-2025 09:07

Syrma SGS Technology has completed the first tranche of its acquisition of defence and aerospace electronics firm Elcome Integrated Systems

Syrma SGS Technology has completed the first tranche of its acquisition of defence and aerospace electronics firm Elcome Integrated Systems

Published on 18-Dec-2025 09:06

POWERGRID has commissioned the Western Region Expansion Scheme-XXV

POWERGRID has commissioned the Western Region Expansion Scheme-XXV

Published on 18-Dec-2025 09:05

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app
✕
Application status