Interglobe Aviation Limited, the parent company of IndiGo airlines, has announced the allotment of 1,200 equity shares under its Employee Stock Option Scheme (ESOP) 2023. The decision was made during the ESOP Allotment Committee meeting held on November 6, 2025.

Key Details of the Allotment

Impact on Share Capital

Following this allotment, InterGlobe Aviation's total issued shares have increased to 38,65,90,098. Consequently, the company's total issued share capital now stands at ₹386,59,00,980.00.

Scheme Details

The shares were allotted under the InterGlobe Aviation Limited Employee Stock Option Scheme 2023. This scheme was previously filed with the stock exchanges on September 6, 2023, with the filing numbers NSE/LIST/37358 for the National Stock Exchange of India Limited (NSE) and DCS/IPO/SC/ESOP-IP/2906/2023-24 for BSE Limited.

Equity and Listing

The newly issued equity shares are identical in all respects to the existing shares of the company. InterGlobe Aviation confirmed that these shares would be listed on both the National Stock Exchange of India Limited (NSE) and BSE Limited, where the company's shares are currently traded.

Corporate Governance

The allotment of shares under the ESOP scheme demonstrates InterGlobe Aviation's commitment to aligning employee interests with those of the company and its shareholders. Such initiatives often aim to enhance employee motivation and retention while potentially improving overall corporate performance.

InterGlobe Aviation continues to maintain transparency in its corporate actions, promptly disclosing this development to the stock exchanges in compliance with SEBI regulations.

Interglobe Aviation , the parent company of IndiGo, India's largest airline, has reported a significant financial setback in its latest quarterly results. The company's performance highlights the volatile nature of the aviation industry and the impact of external factors on its bottom line.

Financial Performance Overview

IndiGo's financial results for the second quarter paint a complex picture:

Key Highlights

• Reversal of Fortune: The Q2 loss of Rs 2,582.00 crore marks a stark contrast to the Rs 2,176.00 crore profit reported in the previous quarter.
• Revenue Growth: Despite challenges, revenue from operations grew by 9% year-on-year, driven by both passenger and ancillary businesses.
• Passenger Ticket Revenues: Increased by 11.2% to Rs 15,967.00 crore.
• Ancillary Revenues: Grew by 14% to Rs 2,141.00 crore.

Factors Influencing Performance

Interglobe Aviation attributes the substantial loss primarily to foreign exchange movements. The company stated that excluding the currency impact, it would have posted a profit of Rs 104.00 crore. This underscores the significant role that currency fluctuations play in the airline's financial health.

Expense Management

The total expenses surged by 18% to Rs 22,081.00 crore, outpacing the revenue growth. This increase in costs, coupled with the foreign exchange impact, contributed to the widening of losses compared to the same quarter last year.

Market Perspective

Nuvama, a financial services firm, has maintained a 'Hold' rating on IndiGo stock with a target price of Rs 5,330.00. However, they noted that the Q2 EBITDAR was down 62% year-on-year and missed consensus estimates by 39%, indicating that the company's performance fell short of market expectations.

Looking Ahead

As Interglobe Aviation navigates through these challenging times, investors and industry observers will be keenly watching how the company manages its foreign exchange exposure and controls its expenses. The ability to balance revenue growth with cost management will be crucial for IndiGo's financial recovery in the coming quarters.

The aviation sector remains susceptible to various external factors, including fuel prices, currency fluctuations, and global economic conditions. IndiGo's performance in the subsequent quarters will likely depend on how effectively it can mitigate these risks while capitalizing on the growing demand for air travel in India.