IndiGo posts highest Q4 profit of ₹3,068 crore on strong air travel demand

“For the quarter ended March 2025, IndiGo reported a net profit of ₹30,675 million, the highest fourth quarter ever,” IndiGo’s parent company Q4 profit after tax release said.  | Photo Credit: Reuters

InterGlobe Aviation, the parent of the country’s largest airline IndiGo, on Wednesday (May 21, 2025) posted its highest-ever fourth quarter profit after tax of ₹3,067.5 crore, mainly helped by strong air travel demand.

The company’s profit after tax in the three months ended March 2025 jumped 62% from ₹1,894.8 crore in the year-ago period. Its board has recommended a dividend of ₹10 per equity share.

In the fourth quarter of the 2024-25 fiscal, IndiGo’s capacity increased 21% to 42.1 billion while the number of passengers carried rose 19.6% to 31.9 million, according to a release.

Total income rose to ₹23,097.5 crore in the fourth quarter of the 2024-25 financial year from ₹18,505.1 crore in the same period a year ago.

“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 ₹72,584 million. Excluding the impact of foreign exchange, IndiGo reported a net profit of ₹88,676 million, maintaining similar strong performance to the last year.

“For the quarter ended March 2025, IndiGo reported a net profit of ₹30,675 million, the highest fourth quarter ever,” the release said.

In the March quarter, IndiGo’s passenger ticket revenues climbed 25.4% to ₹195,673 million and ancillary revenues increased 25.2% to ₹21,525 million compared to the same period a year ago.

At a briefing about the results, IndiGo CEO Pieter Elbers said the airline carried 118 million passengers in 2024-25.

First quarter of fiscal year 2026, IndiGo said the capacity in terms of ASKs (Available Seat Kilometres) is expected to increase by mid-teens as compared to the first quarter of fiscal year 2025.

“IndiGo had a total cash balance of ₹481,705 million, comprising ₹331,531 million of free cash and ₹150,174 million of restricted cash,” the release said.

The airline has a fleet of over 400 planes and operates more than 2,200 daily flights connecting domestic and international destinations.

Shares of the company rose marginally to close at ₹5,448 apiece on the BSE.

Published - May 21, 2025 06:50 pm IST