IndiGo Q2 FY26 Results: InterGlobe Aviation Ltd (IndiGo) announced its financial results for the second quarter ended September 30, 2025.
The company reported a consolidated net loss of Rs 2,582 crore for the quarter, compared to a net loss of Rs 986.7 crore in the same period last year.
The total revenue for the quarter stood at Rs 19,595.9 crore, reflecting a growth of around 10 per cent year-on-year from Rs 17,759 crore reported in Q2 FY25.
Revenue from operations rose 9.3 per cent year-on-year to Rs 18,555.3 crore, driven by higher passenger traffic and improved yields. Total income stood at Rs 19,595.9 crore compared to Rs 17,759 crore last year.
The airline recorded total expenses of Rs 22,081.2 crore during the quarter, up from Rs 18,666.1 crore in the same period last year. The increase in costs was largely due to currency movement and fuel-related factors.
Profitability and Margins
Excluding the impact of foreign exchange movement, IndiGo reported a net profit of Rs 103.9 crore, against a net loss of Rs 753.9 crore in Q2 FY25.
However, including the impact of currency fluctuations on dollar-based future obligations, the reported net loss stood at Rs 2,582.1 crore.
Earnings before interest, tax, depreciation, amortisation, and rent (EBITDAR) excluding foreign exchange impact were Rs 3,800.3 crore, reflecting an EBITDAR margin of 20.5 per cent, compared to Rs 2,666.8 crore and a 15.7 per cent margin in the same quarter last year. Including forex impact, EBITDAR stood at Rs 1,114.3 crore, representing a 6 per cent margin.
Operational Performance
For the quarter, capacity (ASK) increased by 7.8 per cent to 41.2 billion, while passenger numbers rose 3.6 per cent to 28.8 million. Load factor remained stable at 82.5 per cent. Yield improved by 3.2 per cent to Rs 4.69.
The airline also reported a 16.3 per cent reduction in fuel cost per available seat kilometre (CASK) to Rs 1.45, while CASK excluding fuel and forex rose 3.9 per cent to Rs 3.01.
Fleet and Network
As of September 30, 2025, IndiGo operated a fleet of 417 aircraft, which included 30 A320 CEOs, 180 A320 NEOs, 153 A321 NEOs, 47 ATRs, 3 A321 freighters, and four wide-body aircraft on damp lease. The carrier operated up to 2,244 daily flights during the quarter, covering 94 domestic and 41 international destinations.
Cash and Debt Position
IndiGo held a total cash balance of Rs 53,515.2 crore as of September 30, 2025, including Rs 38,516.7 crore in free cash and Rs 14,998.5 crore in restricted cash. The airline’s total debt, including capitalised lease liabilities, stood at Rs 74,813.8 crore.
Looking ahead, IndiGo expects its capacity in terms of available seat kilometres (ASKs) to grow by high teens in the third quarter of FY26 compared to the same period last year.
Doonited Affiliated: Syndicate News Hunt
This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited
