Driven by strong demand for air travel and execution of our strategy, for the financial year ended March 2025, IndiGo reported a healthy net profit of INR 72,584 million. Excluding the impact of foreign exchange, IndiGo reported a net profit of INR 88,676 million, maintaining similar strong performance to the last year. For the quarter ended March 2025, IndiGo reported a net profit of INR 30,675 million, the highest fourth quarter ever.
Pieter Elbers, CEO, said: “We are proud to report healthy financial performance for this quarter and the financial year 2025 as we reported a net profit of INR 72,584 million. Our sustained performance is the result of record passenger volumes, operational efficiencies, agility and commitment demonstrated by IndiGo employees. A big thank you to our 118.6 million customers in FY25 for placing their trust in us and to all my IndiGo colleagues for their great work and relentless dedication.
As we build on this momentum, we will continue to focus on cost leadership and further Internationalization with the start of our European operations.
I am very pleased that the trust and continued support of our shareholders during the challenging covid period and beyond can now be rewarded with a recommended dividend of 10 rupees per share. Further, our continued performance and strong balance sheet has also been recognized by a leading International credit rating agency by assigning an Investment grade credit rating”
InterGlobe Aviation Ltd. (“IndiGo”) reported its fourth quarter and fiscal year 2025 results.
For the quarter ended March 31, 2025, compared to the same period last year
- Capacity increased by 21.0% to 42.1 billion
- Passengers increased by 19.6% to 31.9 million
- Yield increased by 2.4% to INR 5.32 and load factor improved by 1.1 pts to 87.4% • Revenue from Operations increased by 24.3% to INR 221,519 million
- Reduction in fuel CASK by 6.6% to INR 1.60
- EBITDAR of INR 69,482 million (31.4% EBITDAR margin), compared to EBITDAR of INR 44,123 million (24.8% EBITDAR margin)
- Net profit of INR 30,675 million, compared to net profit of INR 18,948 million For the year ended March 31, 2025, compared to year ended March 31, 2024
- Capacity increased by 13.1% to 157.5 billion
- Passengers increased by 11.1% to 118.6 million
- Yield increased by 1.3% to INR 5.15 and load factor was 86.0%
- Revenue from Operations increased by 17.3% to INR 808,029 million
- Reduction in fuel CASK by 3.1% to INR 1.66
- CASK ex fuel increased by 12.5% to INR 3.00
- EBITDAR of INR 212,520 million (26.3% EBITDAR margin), compared to EBITDAR of INR 175,447 million (25.5% EBITDAR margin)
- Excluding foreign exchange loss, profit amounted to INR 88,676 million, compared to profit of INR 88,897 million
- Net profit of INR 72,584 million, compared to net profit of INR 81,725 million • Basic earnings per share of INR 187.93
Revenue and Cost Comparisons
Total income for the quarter ended March 2025 was INR 230,975 million, an increase of 24.8% over the same period last year. For the quarter, our passenger ticket revenues were INR 195,673 million, an increase of 25.4% and ancillary revenues were INR 21,525 million, an increase of 25.2% compared to the same period last year.
Cash and Debt
As of 31st March 2025
- IndiGo had a total cash balance of INR 481,705 million comprising INR 331,531 million of free cash and INR 150,174 million of restricted cash.
- The capitalized operating lease liability was INR 479,801 million. The total debt (including the capitalized operating lease liability) was INR 668,098 million.
Network and Fleet
- As of 31st March 2025, fleet of 434 aircraft including 40 A320 CEOs (14 damp lease), 195 A320 NEOs, 135 A321 NEOs, 48 ATRs, 3 A321 freighters, 3 B777 (damp lease), 9 B737 (damp lease) and 1 B787 (damp lease); a net decrease of 3 passenger aircraft during the quarter.
- IndiGo operated at a peak of 2,304 daily flights during the quarter including non-scheduled flights.
- During the quarter, provided scheduled services to 91 domestic destinations and 40 international destinations.
Operational Performance
For the period January-March’25
- IndiGo had a Technical Dispatch Reliability of 99.92%.
- IndiGo had an on-time performance of 81.3% at four key metros and flight cancellation rate of 0.8%.
Future Capacity Growth
- First quarter of fiscal year 2026 capacity in terms of ASKs is expected to increase by mid teens as compared to the first quarter of fiscal year 2025.
