News
IndiGo reports 78% net income decrease in third quarter
January 23rd 2026
InterGlobe Aviation, which operates IndiGo, reported 78% decrease in net income to 5.5 billion rupees ($60 million) for the three months ended Dec. Read More » 31 compared with the year-ago period. The LCC absorbed an exceptional charge of 15.5 billion rupees that included the cost of last month’s disruptions and the new labor rules being introduced, the filing said. Revenue rose 6.2% to 234.7 billion rupees. Total costs were up 9.6% to 224.3 billion rupees. The result was impacted by the December operational crisis. “The months of October and November started very well, and disruption in December changed some of our numbers,” Pieter Elbers, IndiGo CEO, said in a post-earnings call. “Our long-term fundamentals remain strong, backed by our expanding fleet, growing domestic and international network,” he added. The LCC’s passenger load factor for the period was 84.6%, compared to 86.9% a year earlier. IndiGo had a net increase of 23 planes, pushing its fleet to 440 aircraft by the end of the quarter, and plans to add 10% in capacity in the current quarter.
