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New Delhi: InterGlobe Aviation, the parent company of India’s largest airline IndiGo, on Tuesday reported a net loss of ₹2,582.10 crore for the three months ended September, mainly due to adverse currency movements. Despite a 10 per cent rise in topline revenue, the airline’s shares slipped over 1 per cent to close at ₹5,635 apiece on the BSE.
The airline’s loss in the same period last year stood at ₹986.7 crore. According to a regulatory filing, the company earned a total income of ₹19,599.5 crore in the second quarter of the current financial year, compared to ₹17,759 crore recorded in the corresponding period a year ago.
In a release, the airline stated that, including the impact of currency movement related to dollar-based future obligations, the net loss for the September quarter stood at ₹2,582.10 crore.
“Excluding the impact of currency movement, IndiGo reported a net profit of ₹103.9 crore, as compared to a net loss of ₹753.9 crore during the same period last year,” it added.
IndiGo CEO Pieter Elbers said the airline’s optimised capacity deployment enabled it to deliver a 10 per cent growth in topline revenue. Excluding currency impacts, the company posted an operational profit of ₹104 crore, compared to an operational loss last year.
“The year began with significant external challenges across the industry, but we saw stabilisation in July and a strong recovery through August and September. Looking ahead, we have scaled up our operational plans for the second half to meet demand and continue driving growth,” Elbers said.
He added that IndiGo has raised its capacity guidance for the full financial year 2026 to early-teens growth.
According to the airline, it held a 64.3 per cent domestic market share in September.
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