IndiGo Q3 Profit Plummets 77% to ₹550 Crore Amid DGCA Penalty, Operational Woes

• InterGlobe Aviation (IndiGo) reported a sharp 77% drop in net profit to ₹550 crore in Q3 2026, down from ₹2,448 crore YoY.
• Despite the profit decline, revenue increased to ₹23,471 crore, indicating strong travel demand.
• An exceptional loss of ₹1,547 crore, linked to new labor codes, operational disruptions, and a DGCA penalty, significantly impacted profitability.
• EBITDA saw a slight increase to ₹5,367 crore, but the EBITDA margin weakened from 23.4% to 22.9% due to rising costs.
• Operational disruptions in early December 2025, including flight cancellations and delays, further impacted earnings and led to passenger compensation.

Why It Matters: IndiGo's Q3 profit plunged due to a large exceptional loss from DGCA penalty and operational issues.