IndiGo posts a lack of Rs 2,537 million within the fourth quarter as a result of forex results and tough enterprise setting

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IndiGo, which has slipped into the crimson, on Friday, Might 29, 2026, reported a lack of Rs 2,536.90 crore for the March quarter as a result of a number of headwinds, together with a difficult working setting and weaker rupee. File |Picture Credit score: PTI

IndiGo, which has slipped into the crimson, on Friday (Might 29, 2026) reported a lack of Rs 2,536.90 crore for the March quarter as a result of a number of headwinds together with a tough working setting and a weaker rupee.

The nation’s largest airline made a revenue of Rs 3,067.5 million in the identical interval final 12 months.

The corporate had posted a web lack of Rs 2,393.6 million for FY 2025-26, however excluding the affect of overseas change and particular gadgets, it will have had a revenue of Rs 7,502.5 million, it mentioned in a launch.

Complete income for the fourth quarter of fiscal 2025-26 elevated by over 3% to Rs 23,830.7 million from Rs 23,097.5 million within the year-ago interval, the discharge mentioned.

“For the quarter ended March 2026, IndiGo reported a web lack of Rs 25,369 crore. Excluding the affect of overseas change and particular gadgets, the corporate reported a web revenue of Rs 19,206 crore,” the discharge mentioned.

Regardless of sustained exterior disruptions in 2025-26, IndiGo introduced a 9.5% improve in its manufacturing capability on an annual foundation and a 6.4% improve in whole income to Rs 89,513.40 crore.

“The corporate reported a web lack of Rs 23,936 million as an unusually sharp depreciation of the rupee, modifications in labor legal guidelines and a difficult working setting offset working revenue,” the corporate mentioned.

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The overseas change loss for 2025-2026 was about Rs 8.1 billion, and the affect of December flight disruptions was Rs 580 million. Moreover, the airline’s monetary statements present that prices associated to the implementation of the brand new labor legal guidelines amounted to Rs 1,200 billion.

Indigo MD Rahul Bhatia mentioned FY26 was characterised by an especially difficult working setting, which had a big affect on profitability.

“Through the 12 months, our manufacturing capability elevated by 9.5 per cent and whole income elevated by over 6 per cent. Excluding the affect of overseas change and particular gadgets, IndiGo delivered a revenue of Rs 750 crore,” he mentioned.

Capability within the June quarter is predicted to extend by roughly 3-4% in ASK (Out there Seat Kilometers) in comparison with the primary quarter of FY2026.

The airline witnessed a number of challenges over the last monetary 12 months, together with main flight disruptions, notably from December 3 to five final 12 months. Throughout this era, 2,507 flights have been canceled and 1,852 have been delayed, impacting greater than 300,000 passengers at airports nationwide.

Peter Elbers stepped down as CEO in March, and later that month the corporate introduced that William Walsh, a pilot and present head of worldwide airline group IATA, can be named its subsequent CEO.

The corporate’s home flight market share was 63.3% as of March.

Indigo inventory fell 3.27 per cent to shut at Rs 4,418.40 per share on the BSE.

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