IndiGo Q3 Revenue Falls 18% To Rs 2,448.8 Crore On Forex Woes | Mobility Information

New Delhi: The nation’s largest airline IndiGo on Friday noticed its revenue after tax slide 18.3 per cent to Rs 2,448.8 crore within the three months ended December 2024, as foreign money volatility took a toll on the underside line. With the rise within the variety of capability and passengers, the service’s whole revenue jumped 14.6 per cent to Rs 22,992.8 crore within the third quarter of the present monetary 12 months, in response to a launch. Within the year-ago interval, the identical stood at Rs 20,062.3 crore.

InterGlobe Aviation is the mum or dad of IndiGo, which flew 31.1 million passengers within the newest December quarter. Within the 2023 December quarter, the service had a revenue after tax of Rs 2,998.1 crore. 

“Pushed by robust demand for air journey, continued progress, and decrease gasoline price, for the quarter ended December 2024, IndiGo reported a strong revenue of Rs 38.5 billion, excluding the influence of foreign money motion towards a revenue of 30.5 billion throughout the identical interval final 12 months,” the discharge stated.

“Together with the influence of overseas trade, the online revenue for the quarter aggregated to Rs 24.5 billion,” it additional stated. 

Gasoline price, which accounts for a big chunk of an airline’s operational bills, fell 6.1 per cent to Rs 6,422.6 crore within the newest December quarter at the same time as whole prices climbed 19.9 per cent to Rs 20,465.7 crore.

“We delivered a robust third quarter of monetary 12 months 2025, each operationally and financially. We reported a complete revenue of Rs 230 billion, reflecting a progress of 15 per cent and revenue, excluding the influence of foreign money motion of Rs 38.5 billion,” IndiGo CEO Pieter Elbers stated.

Together with foreign money influence, we reported a revenue of Rs 24.5 billion, highlighting efficient execution of our clear and well-defined technique,” he added.

He additionally famous that these outcomes had been pushed by sturdy demand out there and the power to cater to that demand supported by decrease gasoline costs.

Throughout the December 2024 quarter, the airline’s yield fell 1 per cent to Rs 5.43 whereas unit passenger income inched up 0.3 per cent to Rs 4.72.

For the fourth quarter ending March this 12 months, the airline expects capability by way of ASKs to extend by round 20 per cent in comparison with the year-ago interval. ASK refers to Out there Seat Per Kilometre.

On the finish of December 31, the corporate had a complete money steadiness of Rs 43,780.8 crore, comprising Rs 28,903.5 crore of free money and Rs 14,877.3 crore of restricted money.

“The capitalised working lease legal responsibility was Rs 495,937 million. The whole debt (together with the capitalised working lease legal responsibility) was Rs 651,385 million,” the discharge stated.

IndiGo’s fleet dimension stood at 437 planes on the finish of the December quarter.