IndiGo reports Q2 FY26 net loss due to currency fluctuations

InterGlobe Aviation reported a consolidated net loss of INR 25,821 million for the quarter ended September 30, 2025, primarily attributed to the impact of currency movement on dollar-based future obligations. However, excluding the impact of currency movement and hedging, the company posted a net profit of INR 1,039 million, a notable turnaround from a net loss of INR 7,539 million in the same period last year. Total revenue increased by 10% year-over-year to INR 195,995 million, driven by a 9.3% rise in revenue from operations to INR 185,553 million.

Operational capacity grew by 7.8% in ASKs (available seat kilometers) to 41.2 billion, with passengers increasing by 3.6% to 28.8 million. The load factor remained stable at 82.5%, and yield increased by 3.2% to INR 4.69. IndiGo's fleet expanded to 417 aircraft, a net increase of 1 passenger aircraft during the quarter. The company also announced plans for a new MRO facility and expanded its international network to 41 destinations.

The board approved the unaudited standalone and consolidated financial results during a meeting held on November 4, 2025.