IndiGo Q1 profit slips 20% to ₹2,176 cr, but traffic is up 12%

The airline's income rose 6.4% to ₹21,542.6 cr with total expenses jumping 10% to ₹19,231.9 cr

- PTI

The country's largest airline IndiGo Wednesday reported a 20% decline in profit after tax at ₹2,176.3 crore for the June quarter as airspace curbs and overall challenging operating environment crimped its bottom line even as the carrier flew 12% more passengers during the period.

InterGlobe Aviation, the parent of IndiGo which had a domestic market share of 64.5% in June, posted a profit after tax of ₹2,728.8 crore in the year-ago period. In the first quarter of the current financial year, total income climbed 6.4% to ₹21,542.6 crore. In the year-ago, it stood at ₹20,248.9 crore.

IndiGo CEO Pieter Elbers said the June quarter was shaped by significant external challenges that created headwinds for the entire aviation sector.

"Despite industry-wide disruptions, we reported a net profit of ₹21,763 million with a net profit margin of around 11% for the quarter ended June 2025.