IndiGo Reports Strong Q1 FY26 Results, Expands International Routes
IndiGo posted a net profit of ₹21,763.00 million for Q1 FY26, with total income reaching ₹215,426.00 million, up 6.4% year-over-year. Despite a 20.2% decrease in net profit, passenger volume grew by 11.6% to 31.0 million. The airline plans to expand its Mumbai-Amsterdam route to daily flights and increase Mumbai-Manchester flights to four times weekly. IndiGo aims to increase international capacity share from 28% to 40% by FY30. The company acknowledges challenges including aircraft groundings and fuel price volatility, but maintains a 64.5% domestic market share with 2,200 daily flights across 132 destinations.

*this image is generated using AI for illustrative purposes only.
Interglobe Aviation , operating as IndiGo, India's leading airline, has reported robust financial results for the first quarter of fiscal year 2026, demonstrating resilience in a challenging operating environment. The company also announced significant expansion plans for its international routes, particularly to Amsterdam and Manchester.
Financial Performance
For the quarter ended June 30, 2025, IndiGo posted a net profit of ₹21,763.00 million, showcasing the airline's ability to maintain profitability despite external headwinds. The company's total income for the quarter stood at ₹215,426.00 million, marking a 6.4% increase compared to the same period last year.
Key financial highlights for Q1 FY26 include:
Metric | Q1 FY26 | Q1 FY25 | Change |
---|---|---|---|
Revenue from Operations | ₹204,963.00 | ₹195,707.00 | +4.7% |
EBITDAR | ₹57,386.00 | ₹58,111.00 | -1.2% |
Net Profit | ₹21,763.00 | ₹27,288.00 | -20.2% |
Passenger Volume | 31.0 | 27.8 | +11.6% |
Despite a 20.2% decrease in net profit compared to the same quarter last year, IndiGo managed to achieve an 11.6% growth in passenger volume, carrying 31.0 million passengers during the quarter.
Operational Performance and Fleet Expansion
IndiGo reported a strong operational performance with a technical dispatch reliability of 99.88% and an on-time performance of 83.4% at six key metros. The airline's fleet stood at 416 aircraft as of June 30, 2025, including a mix of A320 family aircraft, ATRs, and leased Boeing aircraft.
International Route Expansion
CEO Pieter Elbers announced significant expansion plans for IndiGo's international routes:
- The Mumbai-Amsterdam route will increase to six weekly flights from September 20, becoming daily from October 13, 2025.
- The Mumbai-Manchester route will see an increase to four weekly flights starting September 22.
These expansions are part of IndiGo's broader strategy to increase its international capacity share from the current 28% to 40% by FY30.
Future Outlook and Challenges
While expressing optimism about the growth of air travel, IndiGo acknowledged several challenges, including:
- Aircraft groundings
- Fuel price volatility
- Macroeconomic uncertainties
The company is addressing these challenges through various initiatives, including:
- Discussions with oil marketers to reduce fuel costs
- Managing costs related to flight duty limits through increased operational efficiencies
- Expanding its fleet with the addition of five Boeing 787-9 Dreamliners this financial year
Management Commentary
Pieter Elbers, CEO of IndiGo, stated, "Despite industry-wide disruptions, we reported a net profit of ₹21,763.00 million with a net profit margin of around 11% for the quarter ended June 2025. While the revenue environment saw moderation, demand for air travel held strong as we served more than 31 million passengers during the quarter."
IndiGo continues to maintain its position as India's leading airline with a 64.5% domestic market share, operating approximately 2,200 daily flights across its network of 91 domestic and 41 international destinations.
As IndiGo navigates through the challenges and opportunities in the aviation sector, the company remains focused on expanding its international presence and maintaining its strong position in the domestic market.
Historical Stock Returns for Interglobe Aviation
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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+2.97% | +1.14% | -1.10% | +36.68% | +32.16% | +503.20% |