IndiGo Reports 10% Revenue Growth and Operational Profit in Q2 FY26, Expands International Presence
IndiGo, India's leading airline, reported a 10% increase in total income to ₹196.00 billion for Q2 FY26. The company achieved an operational profit of ₹1.00 billion, excluding forex impact. However, it posted a net loss of ₹25.80 billion due to currency depreciation. IndiGo served 28.8 million passengers, expanded to 94 destinations, and increased passenger unit revenue by 3%. The airline added its first A321XLR aircraft, doubled its A350 widebody order to 60, and announced new international routes. IndiGo maintains a strong financial position with ₹385.00 billion in free cash and ₹150.00 billion in restricted cash. The company expects high teens capacity growth for Q3 and Q4 FY26 and has revised its full-year capacity growth guidance to early teens.

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Interglobe Aviation , operating as IndiGo, India's leading airline, has reported a robust performance for the second quarter of fiscal year 2026, marking significant strides in revenue growth and operational profitability despite currency headwinds.
Financial Highlights
IndiGo posted a total income of ₹196.00 billion for the quarter ended September 2025, representing a 10% increase compared to the same period last year. The airline achieved an operational profit of ₹1.00 billion (excluding forex impact), a notable turnaround from a loss of ₹7.50 billion in the previous year.
However, the company reported a net loss of ₹25.80 billion due to the impact of foreign exchange movements, primarily attributed to a 4% depreciation of the rupee during the quarter.
Operational Performance
The airline demonstrated strong operational metrics during the quarter:
- Served 28.8 million passengers
- Expanded network to 94 destinations
- Passenger unit revenue (PRASK) increased by 3% year-over-year to ₹3.87
- Fuel costs reduced by 16%
Strategic Expansion and Fleet Enhancement
IndiGo continues to make significant strides in its expansion strategy:
- Added the first A321XLR aircraft to its fleet
- Announced operations to Athens from Delhi and Mumbai
- Doubled A350 widebody order from 30 to 60 aircraft
- Broke ground on a new MRO facility in Bengaluru
International Growth and Capacity Outlook
The airline is accelerating its international expansion:
- Introduced flights to Amsterdam, Manchester, Copenhagen, and London Heathrow
- Planning to increase wide-body operations from 4 to 6 aircraft
- Expects high teens capacity growth for Q3 and Q4 FY26
- Revised full-year FY26 capacity growth guidance to early teens
Financial Position
IndiGo maintains a strong financial position:
| Category | Amount (₹ billion) |
|---|---|
| Free cash | 385.00 |
| Restricted cash | 150.00 |
Total fleet of 417 aircraft as of September 30, 2025
Future Outlook
IndiGo is poised for continued growth:
- Anticipates early teens capacity growth for full FY26
- Expects flattish to slight growth in passenger unit revenues for Q3 FY26
- Focuses on expanding international operations and optimizing fleet mix
As IndiGo navigates through the evolving aviation landscape, the company remains committed to its long-term strategy of becoming a global aviation player while maintaining its strong domestic presence.
Note: All financial figures are in Indian Rupees (₹).
Historical Stock Returns for Interglobe Aviation
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.05% | +5.82% | +2.60% | +8.38% | +51.84% | +265.86% |
















































