BSECompany Update18h ago · 23 Jul 2026, 03:47 pm
InterGlobe Aviation Limited informed the Exchange about Press Release
InterGlobe Aviation Ltd · 539448
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InterGlobe Aviation Ltd reported its first quarter of fiscal year 2027 results, with total income rising to INR 256 billion, supported by a 19% increase in passenger unit revenue. However, the company reported a net loss of INR 2.4 billion due to a combination of fuel price escalation, adverse foreign exchange movement, and the Middle East conflict.
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InterGlobe Aviation Ltd - 539448 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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July 23, 2026 IGAL/SECT/7-26/9
To To
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Tower
Bandra Kurla Complex, Bandra - (E), Dalal Street
Mumbai - 400 051 Mumbai - 400 001
Symbol: INDIGO Scrip Code: 539448
Subject: Compliances under Regulation 30 and 33 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Regulations”) – Outcome of the
Board Meeting
Dear Sir/ Madam,
The Board of Directors of the Company, in its meeting held on Thursday, July 23, 2026, inter alia,
considered and approved the unaudited standalone and consolidated financial results (“Financial
Results”) for the quarter ended June 30, 2026.
In this regard, please find enclosed:
i. Unaudited Financial Results along with Limited Review Reports thereon issued by the Statutory
Auditors M/s. S.R. Batliboi & Co. LLP, Chartered Accountants.
ii. Copies of investor presentation and press release.
The Board meeting commenced at 1300 hours (IST) and concluded at 1530 hours (IST).
This disclosure is also being made available on the Company’s website at www.goindigo.in. This is
for your information and record.
Thanking you,
For InterGlobe Aviation Limited
Neerja Sharma
Company Secretary & Chief Compliance Officer
Encl: a/a
InterGlobe Aviation Limited
Registered Office: Upper Ground Floor, Thapar House, Gate No. 2, Western Wing, 124 Janpath, New Delhi – 110 001, India. M +91 9650098905,
F + 91 11 43513200 Email: corporate@goindigo.in
Corporate Office: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-122002, Haryana, India. T +91 124 435 2500.
CIN no.: L62100DL2004PLC129768
Press Release
IndiGo delivers strong revenue growth amid a challenging operating environment.
For the quarter ended June 2026, total income rose to INR 256 billion, supported by a 19% increase
in passenger unit revenue.
A combination of fuel price escalation, adverse foreign exchange movement and the Middle East
conflict impacted profitability during the quarter, resulting in a net loss of INR 2.4 billion.
National, July 23, 2026: InterGlobe Aviation Ltd. (“IndiGo”) today reported its first quarter of fiscal year
2027 results.
For the quarter ended June 30, 2026, compared to the same period last year (on a consolidated basis)
• Capacity increased by 2.9% to 43.5 billion ASKs
• Passengers increased by 0.7% to 31.3 million
• Yield increased by 21.3% to INR 6.04 and load factor decreased by 1.3pts to 83.3%
• Revenue from Operations increased by 19.9% to INR 245,841 million
• Fuel CASK increased by 80.4% to INR 2.49
• CASK ex fuel ex fx increased by 10.7% to INR 3.20
• EBITDAR excluding forex impact of INR 40,649 million (16.5% EBITDAR margin), compared to
EBITDAR excluding forex impact of INR 59,096 million (28.8% EBITDAR margin)
• EBITDAR of INR 38,325 million (15.6% EBITDAR margin), compared to EBITDAR of INR
57,386 million (28.0% EBITDAR margin)
• Net loss excluding forex amounted to INR 56 million compared to net profit excluding forex of
INR 23,473 million
• Net loss of INR 2,380 million, compared to net profit of INR 21,763 million
Profitability Metrics
Particulars Quarter ended
(INR mn) Jun’26 Jun’25 Change
EBITDAR 38,325 57,386 -33.2%
EBITDAR excluding foreign exchange* 40,649 59,096 -31.2%
PBT (2,384) 23,107 -110.3%
PAT (2,380) 21,763 -110.9%
Profit excluding foreign exchange* (56) 23,473 -100.2%
* Net of loss on forex hedging of INR 1,499 million and INR 237 million for the quarter ended Jun’26 and Jun’25 respectively
Operational Metrics*
Quarter ended
Particulars
Jun’26 Jun’25 Change
ASK (billion) 43.5 42.3 +2.9%
RPK (billion) 36.2 35.7 +1.4%
Load Factor 83.3% 84.6% -1.3 pts
Passengers (million) 31.3 31.0 +0.7%
*Include non-scheduled operations
Mr. Rahul Bhatia, MD, said,
“The first quarter was shaped by a volatile operating environment, with elevated fuel costs and network-
related constraints in the middle east impacting profitability. At the same time, demand remained healthy
and our revenue performance improved year-on-year, supported by improved yields and continued customer
preference for IndiGo as we proudly served more than 31 million passengers.
We remain focused on managing capacity prudently, maintaining cost discipline, and responding to market
conditions with agility. However, the pressure of fuel costs and rupee depreciation resulted in a loss of
around 2 billion rupees for the quarter. While near-term uncertainties remain, we continue to stay committed
to our long-term priorities of strengthening the network, enhancing customer choice, and creating
sustainable value for all stakeholders.”
Revenue and Cost Comparisons
Total income for the quarter ended June 2026 was INR 256,141 million, an increase of 18.9% over the same
period last year. For the quarter, our passenger ticket revenues were INR 218,786 million, an increase of
23.0% and ancillary revenues were INR 24,534 million, an increase of 13.9% compared to the same period
last year.
Quarter ended
Particulars (INR mn)
Jun’26 Jun’25 Change
Revenue from operations 245,841 204,963 +19.9%
Other income 10,300 10,463 -1.6%
Total income 256,141 215,426 +18.9%
RASK* (INR) 5.66 4.86 +16.5%
Yield (INR/Km) 6.04 4.98 +21.3%
*Net of finance income of INR 10,043 million and INR 10,267 million for quarter ended Jun’26 and Jun’25 respectively
Total expenses for the quarter ended June 2026 were INR 258,525 million, an increase of 34.4% over the
same quarter last year.
Quarter ended
Particulars (INR mn)
Jun’26 Jun’25 Change
Fuel cost 108,329 58,326 +85.7%
Other costs excluding fuel 150,196 133,993 +12.1%
Total cost 258,525 192,319 +34.4%
CASK* (INR) 5.71 4.31 +32.6%
CASK ex fuel* (INR) 3.22 2.93 +10.0%
CASK ex fuel ex forex* (INR) 3.20 2.89 +10.7%
* Net of finance income of INR 10,043 million and INR 10,267 million for quarter ended Jun’26 and Jun’25 respectively
Cash and Debt
As of 30th June 2026
• IndiGo had a total cash balance of INR 528,846 million comprising INR 390,387 million of free cash
and INR 138,459 million of restricted cash.
• The capitalized operating lease liability was INR 537,556 million. The total debt (including
capitalized operating lease liability) was INR 815,313 million.
Network and Fleet
• As of 30th June 2026, fleet of 432 aircraft including 26 A320 CEOs, 174 A320 NEOs, 176
A321 NEOs (1 damp lease), 3 A321XLR, 44 ATRs, 3 A321 freighters, and 6 B787 (damp
lease); a net decrease of 9 passenger aircraft during the quarter.
• IndiGo operated at a peak of 2,298 daily flights during the quarter including non-scheduled
flights.
• During the quarter, provided scheduled services to 97 domestic destinations and 46
international destinations.
Operational Performance
For the period April’26-June’26
• IndiGo had a Technical Dispatch Reliability of 99.9%.
• IndiGo had an on-time performance of 86.9% at 10 major airports and flight cancellation rate
of 0.3%.
Future Capacity Growth
• In line with lower demand during a traditionally weaker quarter, coupled with the operational
uncertainty affecting travel between India and West Asia, capacity in the second quarter of
fiscal year 2027, measured in terms of ASKs, is expected to remain broadly flat compared to
the second quarter of fiscal year 2026, reflecting lower aircraft utilization. As we move beyond
this seasonally weaker quarter, we expect aircraft utilization to progressively increase.
Awards and Accolades
• IndiGo has been recognized as the Winner in the ‘Emerging Category’ at the CII Award for
Excellence in Disability Inclusion 2026 (AEDI)
Conference Call
The Company will conduct a live audio earnings call today, July 23 at 5 pm IST which will be available to
the public on a listen only mode followed by Q&A session. The dial-in details are given below:
Dial-in Numbers
Universal Access Primary Number: +91 22 6280 1311 or +91 22 7115 8212
Local Access Primary Number: 1 800 120 1221
Other Regions USA: 1 8667462133
UK: 0 8081011573
Singapore: 8 001012045
Hong Kong: 8 00964448
Japan: 0 0531161110
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