India’s largest airline IndiGo on Thursday reported a huge decline of 78% in net profit in the December quarter i.e. Q3. The airline’s net profit stood at Rs 549.1 crore in October-December 2025, compared to Rs 2,448.8 crore in the same quarter last year. The company said that a large part of this loss was due to disruption in flight operations and implementation of the new labor code. The total hit stood at Rs 1,546.5 crore, of which Rs 577.2 crore was due to major flight cancellations and delays in early December and Rs 969.3 crore was due to the implementation of new labor laws. DGCA imposed a fine of Rs 22.2 crore on IndiGo for the flight disruptions in December, which the company included in a special item.
InterGlobe Aviation’s total revenue
IndiGo’s parent company InterGlobe Aviation’s total revenue in the December quarter stood at Rs 24,540.6 crore, up from Rs 22,992.8 crore last year. The airline carried around 32 million passengers in the December quarter, while the total passenger load for the full year stood at around 124 million. CEO Peter Albers said that despite the operational disruption between December 3 and 5, the airline recorded topline revenue of Rs 245 billion, up about 7% from a year earlier. Excluding extraordinary items and foreign exchange impact, profit stood at about Rs 31 billion.
financial position
Total cash balance: Rs 51,606.9 crore
Free Cash: Rs 36,944.5 crore
Restricted Cash: Rs 14,662.4 crore
Capitalized operating lease liability: Rs 524,784 crore
Total debt (including lease): Rs 768,583 crore
Future planning and improvements
The airline is planning about 10% capacity growth in the March quarter, mainly on international routes. The airline had 440 aircraft at the end of the December quarter. DGCA has said that flight cancellations after February 10, 2026 are unlikely, based on adequate crew and network. Albers said that our long-term infrastructure is strong. Operational sustainability and processes are being further strengthened.
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