IndiGo Q3 Profit Plunges 78% to ₹549 Crore Amidst Exceptional Costs
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CNBC TV1822-01-2026, 16:45

IndiGo Q3 Profit Plunges 78% to ₹549 Crore Amidst Exceptional Costs

  • InterGlobe Aviation Ltd (IndiGo) reported a 77.5% year-on-year decline in Q3 net profit to ₹550 crore, down from ₹2,448 crore.
  • Exceptional costs totaling ₹1,546.5 crore included provisions for new labour laws (₹969.3 crore), operational disruption costs (₹555 crore), and a DGCA penalty (₹22.2 crore).
  • Revenue from operations increased by 6.2% to ₹23,471 crore, while EBITDA rose 3.6% to ₹5,367 crore.
  • Operational capacity expanded by 11.2%, carrying 319 million passengers, but yield declined by 1.8% and load factor fell by 2.4 percentage points.
  • CEO Pieter Elbers acknowledged major operational disruptions in December 2025, expressing regret for customer inconvenience and thanking staff for stabilizing operations.

Why It Matters: IndiGo's Q3 net profit significantly dropped due to substantial exceptional costs, despite revenue growth.

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