Post by : Raina
Al-Fahim
New Delhi, November 5, 2025 – IndiGo, India’s largest carrier, recorded a net loss of Rs 2,582.10 crore in the September quarter as sharp foreign-exchange losses and higher costs weighed on results. The airline had reported a Rs 986.7 crore loss in the same quarter last year and said that currency hedges alongside rising foreign-currency revenues from international flying should help offset exchange volatility.
The airline had posted a profit of Rs 2,176.30 crore in the June quarter. InterGlobe Aviation, IndiGo’s parent, reported total income of Rs 19,599.5 crore for the September quarter, up from Rs 17,759 crore a year earlier. Passenger ticket sales increased 11.2% to Rs 15,966.7 crore, while ancillary revenues climbed 14.2% to Rs 2,141.1 crore, leaving total income higher by 10.4% year-on-year.
On a currency-neutral basis, IndiGo delivered a net profit of Rs 1,039 million, versus a net loss of Rs 7,539 million in the prior-year quarter. Foreign exchange losses ballooned to Rs 2,892.1 crore from Rs 240.6 crore a year earlier. Other costs, including supplemental rentals and aircraft maintenance, rose 18.9% to Rs 3,263 crore, and total quarterly expenses increased 18.3% to Rs 22,081.2 crore.
IndiGo CEO Pieter Elbers pointed to resilient operations, saying capacity optimisation supported a 10% increase in topline revenue on a currency-neutral basis and produced an operational profit of Rs 104 crore compared with a loss in the prior year, with recovery visible through August and September despite significant earlier challenges.
The carrier is continuing to expand internationally, adding aircraft via damp leases. The number of aircraft on ground (AOG) remains in the 40s and is expected to stay around that level through year-end. The business is also facing somewhat higher costs due to the second phase of revised flight duty time limitation norms for pilots.
Looking ahead, IndiGo intends to induct its first long-range Airbus A321 XLR in December. Configured with 183 economy seats and 12 stretch seats, the type will enable new international services and extend the airline’s long-haul reach. Together with leased Boeing 787 Dreamliners, these additions aim to strengthen IndiGo’s position on overseas routes.
The airline held a 64.3% share of the domestic market in September. IndiGo’s shares dipped slightly, closing at Rs 5,635 on the BSE. Despite the quarterly loss, management signalled confidence in scaling operations and revenue in the second half, forecasting capacity growth in the early teens.
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