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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
InterGlobe Aviation Ltd.
Earnings Presentation Q1 FY27
July 23, 2026
Safe Harbor
This document may contain some statements on the Company’s business or financials which may
be construed as forward looking. The actual results may be materially different from these forward-
looking statements.
This document forms part of the quarterly earnings release and should be viewed together with the
Earnings Press Release.
Note: This presentation has been prepared based on consolidated financial statements
Manchester Amsterdam
IndiGo – Network presence
London
Q1’27 (change vs Q1’26)
ASKs 43.5 bn +2.9%
Almaty
RPKs 36.2 bn +1.4%
Tbilisi Baku Tashkent Closing Aircraft 432^ +16
Istanbul
Domestic Destinations 97 +6
Athens
International Destinations** 46 +7
Delhi Kathmandu
Shanghai
Jewar
Guangzhou
Kuwait
Hong Kong
Dammam
Bahrain
Sharjah Ras Al Khaimah Jamnagar Dhaka
Riyadh Doha
Fujairah
Madinah Abu Dhabi Dubai Muscat Kolkata
Jeddah
Hanoi
Mumbai
Hyderabad
New destinations added during the quarter
Bangkok
Existing domestic stations Bengaluru
Chennai
Siem Reap
Metros
Ho Chi Minh City
International destinations Jaffna Phuket Krabi
Langkawi
Penang
Colombo
Kuala Lumpur
Maldives
Seychelles Singapore
Nairobi
^Includes 3 A321 freighters and 7 Damp leases (6 B787 & 1 A321)
**During Q1’27, provided services to 97 additional international destinations through strategic partnerships Jakarta
Note: The image is for reference purpose only Réunion Mauritius Denpasar
Fleet Breakup
30th June 2026 31st March 2026 30th June 2025
Closing Fleet 432 441 416
Owned 36 36 8
p Finance Lease 60 53 61
t e Operating lease 329 332 336
F Damp Lease 7 20 11
d A320neo 174 177 187
s A320ceo 26 26 26
L A321neo 175 168 141
d A321 XLR 3 1 -
n ATR 44 46 48
O A321 Freighter 3 3 3
e B787 6 6 1
B737 - 5 6
A320ceo - 5 2
A321neo 1 4 -
B777 - - 2
QUARTERLY HIGHLIGHTS : Q1FY27 vs Q1FY26
Financial Summary
Quarter Ended
Particulars (in INR million)
Favorable/
Jun’26 Jun’25
(Adverse)
ASK (billion) 43.5 42.3 2.9%
Total income 256,141 215,426 18.9%
RASK* (INR) 5.66 4.86 16.5%
Total expenses 258,525 192,319 (34.4%)
CASK* (INR) 5.71 4.31 (32.6%)
CASK ex fuel* (INR) 3.22 2.93 (10.0%)
EBITDAR 38,325 57,386 (33.2%)
EBITDAR Margin (%) 15.6% 28.0% (12.4 pts)
EBITDAR (ex-forex)# 40,649 59,096 (31.2%)
EBITDAR Margin (ex-forex)# 16.5% 28.8% (12.3 pts)
PBT (2,384) 23,107 (110.3%)
PBT Margin (%) (1.0%) 11.3% (12.2 pts)
PAT (2,380) 21,763 (110.9%)
PAT Margin (%) (1.0%) 10.6% (11.6 pts)
PAT (ex-forex)# (56) 23,473 (100.2%)
PAT Margin (ex-forex)# (0.0%) 11.5% (11.5 pts)
* Net of finance income of INR 10,043 million and INR 10,267 million for quarter ended Jun’26 and Jun’25 respectively
# Net of Forex loss, loss on forex hedging of INR 1,499 million and INR 237 million for quarter ended Jun’26 and Jun’25 respectively
Revenue breakup
Quarter Ended
Particulars (in INR million)
Favorable/
Jun’26 Jun’25
(Adverse)
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%
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)
Yield (INR) 6.04 4.98 21.3%
RASK* (INR) 5.66 4.86 16.5%
* Net of finance income of INR 10,043 million and INR 10,267 million for quarter ended Jun’26 and Jun’25 respectively
Note: The above operational metrics includes non-scheduled operations.
Non-IndAS measures- RASK
Quarter Ended
Particulars (in INR million)
Jun’26 Jun’25
Total revenue 256,141 215,426
Less: finance income 10,043 10,267
Total revenue less finance income (A) 246,098 205,159
ASK (millions) (B) 43,503 42,257
RASK (INR) (C=A/B) 5.66 4.86
Cost breakup
Quarter Ended
Particulars (in INR million) Favorable/
Jun’26 Jun’25
(Adverse)
Supplementary rentals and aircraft repair
34,975 30,705 (13.9%)
and maintenance (net)
Depreciation and amortization expenses 29,702 25,660 (15.8%)
Finance costs 15,653 13,961 (12.1%)
Aircraft and engine rentals (net) 5,397 4,925 (9.6%)
Airport fees and charges 16,383 16,269 (0.7%)
Employee costs 22,793 20,499 (11.2%)
Consumption of stock in trade 1,465 1,043 (40.5%)
Other expenses 23,003 19,458 (18.2%)
Total expenses (excl fuel & forex) 149,371 132,520 (12.7%)
Aircraft fuel expenses 108,329 58,326 (85.7%)
Foreign exchange (gain)/ loss (net) 825 1,473 44.0%
Total expenses 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%)
Average Exchange Rate (INR/USD) 95.02 85.29 (11.4%)
Closing Exchange Rate (INR/USD) 94.66 85.61 (10.6%)
* Net of finance income of INR 10,043 million and INR 10,267 million for quarter ended Jun’26 and Jun’25 respectively
Non-IndAS measures- CASK
Quarter Ended
Particulars (in INR million)
Jun’26 Jun’25
Total expenses 258,525 192,319
Less: finance income 10,043 10,267
Total expense less finance income (A) 248,482 182,052
ASK (millions) (B) 43,503 42,257
CASK (INR) (C=A/B) 5.71 4.31
Fuel cost/ ASK (INR) (D) 2.49 1.38
CASK ex fuel (INR) (E=C-D) 3.22 2.93
Forex cost/ ASK (INR) (F) 0.02 0.03
CASK ex fuel ex forex (INR) (G=E-F) 3.20 2.89
Non-IndAS measures- EBITDAR
Quarter Ended
Particulars (in INR million)
Jun’26 Jun’25
PBT (2,384) 23,107
Finance cost 15,653 13,961
Less: Finance income 10,043 10,267
Depreciation & amortization 29,702 25,660
Aircraft and engine rentals 5,397 4,925
EBITDAR (A) 38,325 57,386
Forex* 2,324 1,710
EBITDAR ex-forex (B) 40,649 59,096
Revenue from Operations (C) 245,841 204,963
EBITDAR Margin (D=A/C) 15.6% 28.0%
EBITDAR Margin ex-Forex (E=B/C) 16.5% 28.8%
* including loss on forex hedging of INR 1,499 million and INR 237 million for quarter ended Jun’26 and Jun’25 respectively
Cash and Debt
Cash Debt
(INR mn) (INR mn)
528,846
815,313
494,057 +7.0% +19.0%
684,884
138,459
277,757
146,038 (5.2%)
+28.0%
217,066
390,387
348,019 537,556
+12.2% 467,818
+14.9%
Jun-25 Jun-26 Jun-25 Jun-26
Free Cash Restricted Cash Total Cash Capitalized operating Debt excluding capitalized Total Debt
lease liability operating lease liability
Financial performance indicators – Q1 FY27
Total revenue (INR mn) Total expenses (INR mn)
258,525
256,141
215,426 192,319
202,489
174,449
171,609
140,702
Q1FY24 Q1FY25 Q1FY26 Q1FY27 Q1FY24 Q1FY25 Q1FY26 Q1FY27
EBITDAR (INR mn) PAT (INR mn)
30,906
58,111 57,386 27,288
52,108 21,763
38,325
(2,380)
Q1FY24 Q1FY25 Q1FY26 Q1FY27
Q1FY24 Q1FY25 Q1FY26 Q1FY27
31.2% 29.7% 2
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