IndiGo Q3 Profits Plunge 77% Amid Labour Costs, December Operational Crisis

• IndiGo reported a consolidated net profit of Rs 549.8 crore in Q3 FY26, a 77.5% drop from the previous year.
• The significant profit decline was primarily due to one-time costs: Rs 969.3 crore for new labour law transition and Rs 577.2 crore for December operational disruptions.
• Despite the profit hit, revenue from operations grew 6% YoY to Rs 23,471.9 crore, driven by increased capacity deployment.
• Operational challenges in December, including crew shortages and revised FDTL norms, led to widespread flight cancellations and delays, affecting over 3 lakh passengers.
• The DGCA imposed a Rs 22 crore penalty on IndiGo for the December disruptions, while the airline's CEO acknowledged challenges but affirmed strong long-term fundamentals.

Why It Matters: IndiGo's Q3 profits sharply declined due to one-time labour law costs and December operational chaos.