IndiGo Crisis Hits ixigo: Rs 2 Crore Impact on Q3FY26 EBITDA

Technology
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Moneycontrol•22-01-2026, 17:59
IndiGo Crisis Hits ixigo: Rs 2 Crore Impact on Q3FY26 EBITDA
- •IndiGo's December flight disruptions caused a Rs 2 crore (Rs 20 million) impact on ixigo's Q3 FY26 EBITDA.
- •The impact was due to lost bookings and cancellations stemming from operational challenges faced by the airline.
- •ixigo had committed to refunding full convenience and assured fees for customers with IndiGo flight cancellations between December 3-8, 2025.
- •Despite the disruption, ixigo reported a Q3 FY26 profit of Rs 23.9 crore, up from Rs 15.5 crore year-on-year.
- •Revenue from operations grew 31% to Rs 317.6 crore, with strong GTV growth in both bus (36% YoY) and flights (22% YoY) verticals.
Why It Matters: IndiGo's December crisis cost ixigo Rs 2 crore in Q3 FY26 EBITDA, yet ixigo maintained strong growth.
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