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IndiGo profit dives 20% in Q1
Financial Express Kochi
|July 31, 2025
Margins hit by airspace closures in West Asia & post Operation Sindoor
INTERGLOBE AVIATION, WHICH operates low-cost airline IndiGo, reported a 20% year-on-year (y-o-y) decline in net profit for the June quarter, as additional costs arising from airspace closures following Operation Sindoor and in the West Asia eroded margins.
At ₹2,176 crore, the Gurugram-headquartered airline missed the Bloomberg net profit estimate of ₹2,262 crore. The company's revenue from operations rose 5% y-o-y to ₹20,496 crore, also missing the estimate of ₹20,886 crore.
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