Results29 Oct 2026 · Thu
INDIGOInterGlobe Aviation (IndiGo)
IndiGo's Q2 net loss narrows to ₹1,879 crore; fuel bill up 67% to ₹9,967 crore
IndiGo's September-quarter net loss was ₹1,879 crore against ₹2,582 crore a year earlier, on revenue of ₹23,364 crore, Upstox and Free Press Journal reported.
Price, Thursday's close₹4,675.00▼ 0.32%
Last 5 days
52-week low ₹3,895.2052-week high ₹5,970.00
- Sector
- Aviation
What happened
- InterGlobe Aviation reported a net loss of ₹1,879 crore for the September 2026 quarter against ₹2,582 crore a year earlier, on revenue from operations of ₹23,364 crore against ₹18,555 crore, up 25.9%, Upstox and Free Press Journal reported. Free Press Journal gave total income as ₹24,311.9 crore, up 24.0%, and total expenses as ₹26,188.4 crore, up 18.6%.
- Both outlets gave fuel costs as about ₹9,967 crore, up 67% from ₹5,961 crore, which Upstox put at 42% of revenue against 32% a year earlier. Upstox gave EBITDA as ₹1,907 crore against ₹543 crore, a margin of 8.1%, and a foreign exchange loss of ₹1,333 crore against ₹2,892 crore. It said EBITDA excluding exchange effects fell 4.9%.
- Upstox gave the load factor as 80.3% against 82.5%, and capacity as 40.8 billion available seat kilometres against 41.2 billion. Free Press Journal gave passengers as 27.5 million, down 4.7%, a fleet of 442 aircraft, total cash of ₹52,685.4 crore and debt of ₹87,303.1 crore. Upstox quoted chief executive Willie Walsh citing 'exceptionally elevated fuel costs' and geopolitical turmoil.
- Upstox's report is timed at 4:55 PM, after the close. The shares closed at ₹4,675 against ₹4,690 on Wednesday on Kite data, a fall of 0.32% by my calculation.
Why it matters
Good to know: Available seat kilometres count the seats an airline flies, multiplied by the distance, whether or not they are sold. The load factor is the share of those seats that carry paying passengers.
Key facts
- Net loss
- ₹1,879 crore (₹2,582 crore a year earlier)
- Revenue from operations
- ₹23,364 crore (₹18,555 crore), up 25.9%
- Fuel cost
- About ₹9,967 crore (₹5,961 crore per Upstox), up 67%
- EBITDA, per Upstox
- ₹1,907 crore (₹543 crore); margin 8.1%
- Load factor, per Upstox
- 80.3% (82.5%)
Read the source
This is a summary of public news about InterGlobe Aviation (IndiGo), for information only. It is not a recommendation to buy, sell or hold INDIGO.
InterGlobe Aviation (IndiGo) in the news before
- 14 OCT 2026 · EVENING · BUSINESS UPDATESIndiGo signs a $328 million Citi-led financing for eight Airbus aircraft