IndiGo reported its Q2 FY26 results, showing a 10% year-over-year increase in total revenue, reaching INR 195,995 million. Excluding currency movement impacts, the airline posted a net profit of INR 1,039 million, a significant improvement from the previous year’s loss. The airline noted optimized capacity deployment and strong operational performance as key drivers of this growth, despite challenges in the aviation sector.
Financial Performance
IndiGo’s total revenue for Q2 FY26 reached INR 195,995 million, a 10% increase compared to the same period last year. The company reported a net loss of INR 25,821 million, including currency movement. Excluding the impact of currency movement, IndiGo reported a net profit of INR 1,039 million compared to a net loss of INR 7,539 million during the same period last year.
Revenue from Operations increased by 9.3% to INR 185,553 million. Passenger ticket revenues reached INR 159,667 million, up by 11.2%, while ancillary revenues increased by 14.2% to INR 21,411 million.
Operational Highlights
Capacity increased by 7.8% to 41.2 billion. Passenger numbers increased by 3.6% to 28.8 million. Yield increased by 3.2% to INR 4.69 and load factor was flat at 82.5%. The company’s cash balance totaled INR 535,152 million as of September 30, 2025, including INR 385,167 million in free cash.
Fuel CASK decreased by 16.3% to INR 1.45. CASK ex fuel ex fx increased by 3.9% to INR 3.01.
Fleet and Network
As of September 30, 2025, IndiGo’s fleet consisted of 417 aircraft. The airline operated at a peak of 2,244 daily flights during the quarter and provided services to 94 domestic and 41 international destinations.
Future Outlook
IndiGo expects capacity growth in terms of ASKs for Q3 FY26 to grow by high teens compared to Q3 FY25.
Key Metrics
EBITDAR: INR 11,143 million
EBITDAR excluding foreign exchange: INR 38,003 million
Source: BSE
