InterGlobe Aviation, the parent company of IndiGo, announced a consolidated net loss of Rs 2,537 crore for the March quarter of FY26, contrasting with a net profit of Rs 3,067.5 crore in the same period last fiscal year.
Despite a marginal 1% year-on-year increase in revenue from operations to Rs 22,438 crore during the quarter, up from Rs 22,152 crore in Q4 FY25, IndiGo’s profitability was impacted by a one-time charge of Rs 250 crore.
During the quarter, the airline’s EBITDA reached Rs 6,396 crore, compared to Rs 5,953 crore in the previous year, while the EBITDA margin dropped significantly to 3.6% from 27.5% a year earlier.
On the other hand, the EBITDAR margin improved to 28.5% from 26.9% in the corresponding quarter of the previous financial year, despite a 3.4% increase in operational capacity to 43.6 billion available seat kilometers (ASKs) amidst disruptions from the Middle East conflict.
Although passenger traffic decreased by 1.1% year-on-year to 31.6 million during the quarter, the company attributed the weak performance to a challenging operating environment in FY26.
Rahul Bhatia, commenting on the results, acknowledged the severe operational challenges that impacted profitability, but highlighted the airline’s resilient core business performance during the challenging year.
Shares of InterGlobe Aviation closed 3.27% lower at Rs 4,418.40 on the BSE on Friday.
