Aviation Intelligence Database · Airline profile
Airline profile
Company-reported performance, unit economics, balance-sheet and fleet metrics from FY2022 to the latest published period. Metrics are in the same order as the Airline Comparison tool.
At a glance
Latest reported period
Trends
Performance over time
Headline metrics and the gap between unit revenue and unit cost, FY2022 to the latest period.
Metrics
Full-year history
Analysis
What the numbers say
More detail
Additional disclosures
Guidance vs actual
Did the airline deliver?
What management guided at the start of each financial year compared with what was reported. Within the guided range = met; for cost metrics, below the range = beat.
Fleet & orders
Fleet composition
Key events
What moved the numbers
Peers
Compare with peers
FAQ
Frequently asked questions
Methodology
How to read this page
Every figure keeps the company’s own reporting period, currency, entity scope and terminology. Partial periods are not annualised, currencies are not converted and missing KPIs are not estimated. The first 14 rows are the metrics used in the Airline Comparison tool.
- Fiscal years are labelled by the calendar year in which they end (a year to 31 Mar 2025 appears as FY2025). The exact period end is shown in the first row, with a link to the source document.
- Quarters follow the company’s reporting calendar; the company’s own label is noted beneath the period.
- YoY change compares with the same period one year earlier: % change for amounts, percentage points (pp) for ratios. Green means favourable (for costs, a fall is favourable). n.m. = not meaningful.
- Operating margin is operating result ÷ revenue unless the company defines its own margin (marked D).
- Sources: annual reports, interim results and traffic statements. See Data & Research.
Text version of the IndiGo data on this page
IndiGo data snapshot
- Scope: InterGlobe Aviation Limited
- Region: Asia
- Business model: Low-cost carrier
- Financial year end: 31 Mar
- Reporting currency: INR
- Source: Q1 FY2027 results
- Latest period: Q1 FY2027
- Last updated: 2026-09-23
Latest read
IndiGo continued to scale, but Q1 FY2027 shows the tension between growth and cost pressure. The three-year record highlights rising revenue and capacity, while FY2025/26 and Q1 FY2027 profitability were affected by foreign exchange, exceptional items, fuel and disruption.
Reported metrics by period
Annual results
- FY2026 (FY2025/26 · year ended 31 Mar): Passengers: 123.4m; Revenue: ₹849.6bn; Load factor: 84.4%; RASK / yield: ₹5.06/km yield; CASK ex-fuel: ₹3.52 CASK ex-fuel (₹3.00 ex-fuel ex-FX, company-defined); Fleet size: 441 aircraft (31 Mar 2026); EBITDA / EBITDAR: ₹150.9bn EBITDAR; Net profit: −₹23.9bn reported net result (Ex-FX and exceptional adjusted profit was approximately ₹75bn).
- FY2025 (FY2024/25 · year ended 31 Mar): Passengers: 118.6m; Revenue: ₹808.0bn; Load factor: 86.0%; RASK / yield: ₹5.15/km yield; CASK ex-fuel: ₹3.00 CASK ex-fuel ex-FX (The source separately reports ₹3.52 ex-fuel) [Company-defined]; EBITDA / EBITDAR: ₹212.5bn EBITDAR; Net profit: ₹72.6bn net result.
- FY2024 (FY2023/24 · year ended 31 Mar): Passengers: 106.7m; Revenue: ₹689.0bn; Load factor: 85.9%; RASK / yield: ₹5.08/km yield; CASK ex-fuel: ₹2.66 CASK ex-fuel; EBITDA / EBITDAR: ₹175.4bn EBITDAR; Net profit: ₹81.7bn net result.
Quarterly and interim results
- Q1 FY2027 (quarter ended 30 Jun 2026): Passengers: 31.3m; Revenue: ₹245.8bn; Load factor: 83.3%; RASK / yield: ₹5.66 RASK; CASK ex-fuel: ₹5.71 CASK; Fleet size: 432 aircraft (Latest reported fleet); EBITDA / EBITDAR: ₹38.3bn EBITDAR; Net profit: −₹2.38bn net result (FX, fuel and disruption).
Fleet
Total fleet: 432 aircraft (as of Q1 FY2027). FY2026 profitability is shown as reported; the approximate ₹75bn result excluding FX and exceptional effects is not substituted.
| Fleet fact | Value | Context |
|---|---|---|
| Cash | ₹528.8bn | Latest reported |
| Debt including leases | ₹815.3bn | Latest reported |
| Peak daily flights | 2,298 | Reported |
| Destinations | 143 | Reported |
| FY2025/26 cash | ₹516.5bn | Year end |
| FY2025/26 debt | ₹777.5bn | Including leases |
Orders
| Type | Firm | Options | Note |
|---|---|---|---|
| Airbus A321XLR and Boeing 787-9 | In delivery / introduction | — | Long-haul expansion broadens the network beyond traditional narrowbody markets. |
Three-year reported history
₹ billion unless stated otherwise. Financial year ends 31 March. The FY2025/26 net result is reported; adjusted profit excluding FX and exceptional effects is approximately ₹75bn.
| Year | Revenue from operations | EBITDAR | Net result | Passengers |
|---|---|---|---|---|
| FY2023/24 | 689.0 | 175.4 | 81.7 | 106.7m |
| FY2024/25 | 808.0 | 212.5 | 72.6 | 118.6m |
| FY2025/26 | 849.6 | 150.9 | -23.9 reported | 123.4m |
Traffic and unit economics
FY2025/26 CASK ex-fuel ex-FX is company-defined and is shown separately from reported CASK ex-fuel.
| Year | ASK | RPK | Load factor | Yield | Fuel CASK | CASK ex-fuel |
|---|---|---|---|---|---|---|
| FY2023/24 | 139.3bn | 119.7bn | 85.9% | ₹5.08/km | ₹1.72 | ₹2.66 |
| FY2024/25 | 157.5bn | 135.4bn | 86.0% | ₹5.15/km | ₹1.66 | ₹3.00 |
| FY2025/26 | 172.4bn | 145.5bn | 84.4% | ₹5.06/km | ₹1.47 | ₹3.52 ₹3.00 ex-fuel ex-FX |
Q1 FY2027 operating snapshot
Quarter ended 30 June 2026. Rupee-per-kilometre measures and exclusions follow company definitions.
| Metric | Q1 FY2027 | Context |
|---|---|---|
| Revenue from operations | ₹245.8bn | +19.9% YoY |
| EBITDAR | ₹38.3bn | margin pressure |
| Net result | -₹2.38bn | FX / fuel / disruption |
| Passengers | 31.3m | quarter total |
| ASK | 43.5bn | capacity |
| RPK | 36.2bn | traffic |
| Load factor | 83.3% | quarter average |
| RASK | ₹5.66 | per ASK |
| CASK | ₹5.71 | per ASK |
| CASK ex-fuel ex-FX | ₹3.20 | company-defined |
Unit economics
Capacity expanded by almost a quarter between FY2023/24 and FY2025/26. The next phase is more capital intensive as A321XLR and widebody aircraft broaden the network beyond the traditional narrowbody model.
Outlook
What to watch IndiGo’s rupee-per-kilometre measures and company-defined exclusions are preserved. Reported and adjusted profitability remain separate.
What to watch:
- RASK versus CASK as fuel and FX pressure change.
- Load factor as ASK growth remains elevated.
- A321XLR and 787 economics in longer-haul markets.
- Cash generation against fleet growth and lease liabilities.
- International expansion beyond India.