IndiGo reports strong Q3 performance with INR 24.5 billion profit for FY2025 – ET TravelWorld

InterGlobe Aviation Ltd. (“IndiGo”) has announced its results for the third quarter of fiscal year 2025, reporting a robust profit of INR 24.5 billion, despite the impact of foreign exchange fluctuations. This compares to a profit of INR 29.98 billion in the same period last year. Excluding currency effects, IndiGo’s profit reached INR 38.5 billion, reflecting the airline’s strong operational execution amid ongoing market demand.

The airline’s capacity for the quarter increased by 12 per cent to 40.8 billion ASKs, while passenger numbers grew by 12.7 per cent to 31.1 million. Unit passenger revenue (PRASK) saw a modest increase of 0.3 per cent to INR 4.72, and total revenue from operations rose by 13.7 per cent to INR 221,107 million. However, IndiGo’s cost per available seat kilometre (CASK) rose by 6.8 per cent to INR 4.83, driven largely by higher operating expenses.

IndiGo’s CEO, Pieter Elbers, commented on the company’s performance, saying, “We delivered a strong third quarter of financial year 2025, both operationally and financially. These results were driven by robust demand in the market and our ability to cater to that demand, supported by lower fuel prices. We operated a peak of 2,200 daily flights and served a record 31.1 million passengers during the quarter. We will continue the growth path to offer our customers more options to fly to their chosen destinations.”

In terms of revenue, the airline’s total income for the quarter amounted to INR 229,928 million, marking a 14.6 per cent increase from the previous year. Passenger ticket revenues rose by 12.3 per cent to INR 192,678 million, while ancillary revenues saw a significant increase of 22.3 per cent, totalling INR 21,531 million.

On the cost front, IndiGo’s expenses for the quarter rose by 19.9 per cent to INR 204,657 million, reflecting the rising cost of operations. Despite this, IndiGo maintained strong cash reserves, with a total cash balance of INR 437,808 million as of December 31, 2024. This includes INR 289,035 million in free cash, which positions the airline well for continued growth.

Looking forward, IndiGo plans to increase its capacity by approximately 20 per cent in Q4 FY2025. The airline is also expanding its fleet, which now includes 437 aircraft, with 27 new passenger aircraft added during the quarter. IndiGo’s operational performance remains strong, with a technical dispatch reliability of 99.89 per cent and an on-time performance of 73.3 per cent at key metro airports.