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Friday, January 24, 2025

IndiGo Q3 FY2025 Results: 18% Profit Decline to ₹2,448 Crore Despite 14% Revenue Growth

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IndiGo Q3 FY2025: Profit Drops 18% to ₹2,448 Crore on Forex Losses, Revenue Up 14%

Financial Performance

InterGlobe Aviation (IndiGo) reported an 18% YoY decline in net profit to ₹2,448 crore for Q3 FY2025, impacted by foreign exchange losses of ₹1,211 crore. Revenue rose 13.7% YoY to ₹22,110.7 crore, driven by strong passenger traffic.

Operational Highlights

  • Passenger Growth: Carried 27.5 million passengers (23% YoY increase)
  • Capacity Expansion: Added 22 aircraft, fleet size now at 460+
  • Load Factor: Stable at 86.7% despite 19% YoY capacity growth

Cost Pressures

Total expenses surged 21% YoY to ₹20,990 crore, led by:

  • 27% rise in aircraft fuel costs
  • 18% increase in employee expenses
  • Currency volatility impacting lease liabilities

Market Position

IndiGo maintained its 63% domestic market share. International routes contributed 26% of capacity, up from 19% YoY.

Management Outlook

The airline plans to:

  • Expand to 10 new international destinations by 2026
  • Add 500+ aircraft over the next decade
  • Focus on cargo revenue (up 29% YoY)

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. Consult a qualified financial advisor before making investment decisions.

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