Mumbai, India — January 22, 2026
Inter Globe Aviation, the parent company of IndiGo, reported a sharp 78% year-on-year decline in consolidated net profit for the December quarter, dropping to ₹549.1 crore from ₹2,448.8 crore in the corresponding period last year.
The country’s largest airline attributed the steep fall primarily to significant operational disruptions and regulatory changes. The company incurred a financial impact of ₹577.2 crore due to widespread flight disruptions and an additional ₹969.3 crore from the implementation of new labour codes. A ₹22.2 crore penalty imposed by the Directorate General of Civil Aviation (DGCA) was also recorded under exceptional items.
Despite the headwinds, IndiGo demonstrated revenue resilience, with total income rising to ₹24,540.6 crore for the quarter, reflecting continued demand and operational scale in India’s aviation market.
