IndiGo Achieves Record Profit of INR 38.5 Billion
IndiGo has reported a significant profit driven by demand for air travel and reduced fuel costs.
IndiGo, one of India’s major airlines, experienced strong growth and low fuel costs which contributed to a profit of INR 38.5 billion for the quarter ending in December 2024, surpassing last year’s profit of INR 30.5 billion. This figure excludes the effects of currency fluctuations.
Including foreign exchange impacts, the net profit was INR 24.5 billion.
InterGlobe Aviation Ltd. reported its third-quarter fiscal year 2025 results, showing substantial progress:
- Capacity increased by 12.0% to 40.8 billion.
- Passengers rose by 12.7% to 31.1 million.
- Unit passenger revenue (PRASK) grew 0.3% to INR 4.72.
- Revenue from operations increased by 13.7% to INR 221,107 million.
- CASK went up by 6.8% to INR 4.83.
Profitability Metrics for the quarter include:
| Particulars | Dec'24 | Dec'23 | Change |
|---|---|---|---|
| EBITDAR | 60,587 | 54,751 | +10.7% |
| EBITDAR excluding foreign exchange | 74,560 | 55,260 | +34.9% |
| PBT | 25,271 | 29,985 | -15.7% |
| PAT | 24,488 | 29,981 | -18.3% |
Operational Metrics saw:
- ASK (billion): 40.8 (up from 36.5)
- Load Factor: 86.9% (up from 85.8%)
- Passengers (million): 31.1 (up from 27.5)
Future Capacity Growth is expected to increase by approximately 20% when compared to the same quarter of the previous fiscal year.
Awards and Accolades include ‘2024 Airline of the Year’ by the Centre for Aviation (CAPA) and recognition for Excellence in Sustainability Initiatives by Dubai Airports.
