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IndiGo Posts Best Ever Q4 Profit of ₹3,068 Crore
Business Standard
|May 22, 2025
Surge driven by Mahakumbh, extended wedding season, among other factors
India's largest airline, IndiGo, on Wednesday reported its highest ever consolidated net profit for the fourth quarter. The firm's profit rose 61.9 per cent year-on-year (Y-o-Y) to ₹3,068 crore, driven by a surge in travel demand during the Mahakumbh in Prayagraj, an extended wedding season, a sharp reduction in the number of grounded aircraft over the last few quarters, and effective cost control.
The consolidated net profit for FY25 stood at ₹7,258 crore, a drop of 11.2 per cent Y-o-Y. "There was a temporary moderation in demand, led by elections and heatwave, in the first half of the year," IndiGo Chief Executive Officer (CEO) Pieter Elbers said during the post-results conference call with analysts.
Dit verhaal komt uit de May 22, 2025-editie van Business Standard.
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