Interglobe Aviation Ltd

Profit for the quarter ended December 2025 was impacted by exceptional items amounting to Rs 1,546.5 crore. These included an estimated provision of Rs 969.3 crore towards the implementation of new labour laws, costs of Rs 555.0 crore related to operational disruptions, and a penalty of Rs 22.2 crore imposed under a DGCA order. In addition, adverse currency movements relating to dollar-denominated future obligations aggregated Rs 10,350 crore. Net profit excluding impact of exceptional items and forex amounted to Rs 3,130.6 crore in Q3 FY26, up 18.6% compared to net profit excluding impact of exceptional items and forex of Rs 3,846.1 crore in Q3 FY25. For the quarter, the company's passenger ticket revenues were Rs 20,464 crore, an increase of 6.2% and ancillary revenues were Rs 2,446.2 crore, an increase of 13.6% compared to the same period last year. During the quarter, EBITDAR stood at Rs 6,008.4 crore (25.6% EBITDAR margin), compared to EBITDAR of Rs 6,058.7 crore (27.4% EBITDAR margin) in Q3 FY25. Excluding the impact of forex, EBITDAR stood at Rs 7,043.4 crore (30.0% EBITDAR margin) in Q3 FY26. Average Seat Kilometers (ASK) increased 45.4 billion during the quarter compared with 40.8 billion in Q3 FY25. The company said that fourth quarter of fiscal year 2026 capacity in terms of ASKs is expected to grow around 10% as compared to the fourth quarter of fiscal year 2025. Cost of available seat kilometer (CASK) declined 1.9% to Rs 4.73 in Q3 FY26 compared with Rs 4.83 in Q3 FY25. As of 31st December 2025, the company had a total cash balance of Rs 51,606.9 crore comprising Rs 36,944.5 crore of free cash and Rs 14,662.4 crore of restricted cash. Pieter Elbers, CEO, said,' This quarter, the company faced major operational disruptions that resulted in significant flight cancellations and delays from 3rd to 5th December. We deeply regret the inconvenience faced by our customers and express our heartfelt gratitude for their patience and trust. I also want to thank all IndiGo colleagues who worked tirelessly to stabilize operations'your dedication and 'service from the heart' enabled us to return swiftly to normal operations. We are grateful to the Government, Aviation Authorities and all other partners in the Indian aviation ecosystem for their support in helping restore normalcy. Despite these operational disruptions, IndiGo delivered a topline of around Rs 24,500 crore in the December quarter, reflecting a growth of around 7% with a reported profit of around 500 crore and an underlying profit excluding exceptional items and forex of Rs 3,100 crore. We welcomed nearly 32 million customers in this quarter and around 124 million customers in the calendar year 2025. Our long-term fundamentals remain strong, backed by our expanding fleet, growing domestic and international network. ' InterGlobe Aviation (IndiGo) is amongst the fastest growing low-cost carriers in the world. It had a fleet of 440 aircraft and provided scheduled services to 96 domestic and 44 international destinations as of 31 st December 2025.Powered by Capital Market - Live

Securities in F&O Ban: Bandhan Bank and Sammaan Capital shares are banned from F&O trading on 23 January 2026. Result Today: Adani Green Energy, Atul, Bharat Petroleum Corporation, Cipla, DCB Bank, Gandhar Oil Refinery (India), Godrej Consumer Products, Granules India, India Cements, IndusInd Bank, Innova Captab, JSW Energy, JSW Steel, Kirloskar Pneumatic Company, Laurus Labs, Multi Commodity Exchange of India, Nuvama Wealth Management, Paras Defence and Space Technologies, Prime Focus, Piramal Finance, SG Mart, Shriram Finance, Sona BLW Precision Forgings, Sterlite Technologies, Stylam Industries, Urban Company, Welspun Specialty Solutions will announce their quarterly earnings today. Stocks to Watch: InterGlobe Aviation reported a 77.5% drop in consolidated net profit to Rs 550 crore on 6.2% rise in revenue from operations to Rs 23,472 crore in Q3 FY26 over Q3 FY25. Bandhan Bank reported 51.79% decline in standalone net profit to Rs 205.99 crore on 7.11% fall in total income to Rs 6,122.24 crore in Q3 FY26 over Q3 FY25. Le Travenues Technology (Ixigo) reported 56.8% surge in consolidated net profit to Rs 24.3 crore on 31.3% increase in revenue from operations to Rs 318 crore in Q3 FY26 over Q3 FY25. Adani Total Gas reported a 11.4% surge in consolidated net profit to Rs 159 crore on 17% jump in revenue to Rs 1,639 crore in Q3 FY26 over Q3 FY25. DLF reported a 13.7% increase in consolidated net profit to Rs 1,203 crore on 32.2% rise in revenue to Rs 2,020 crore in Q3 FY26 over Q3 FY25. Go Digit General Insurance has reported 18.2% jump in consolidated net profit to Rs 140 crore in Q3 FY26 from Rs 119 crore in Q3 FY25. Total Income increased by 5.3% year-on-year (YoY) to Rs 2,498 crore in Q3 FY26. Powered by Capital Market - Live

Net profit of Interglobe Aviation declined 77.55% to Rs 549.80 crore in the quarter ended December 2025 as against Rs 2448.80 crore during the previous quarter ended December 2024. Sales rose 6.16% to Rs 23471.90 crore in the quarter ended December 2025 as against Rs 22110.70 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales23471.9022110.70 6 OPM %22.8723.42 - PBDT4890.904752.60 3 PBT2108.702527.10 -17 NP549.802448.80 -78 Powered by Capital Market - Live

The DGCA has levied a one-time systemic penalties of Rs 1.80 crore for non-compliances under applicable Civil Aviation Requirements (CARs) and penalty for continued non-compliance with revised FDTL CAR for 68 days (from 05 December 2025 to 10 February 2026) amounting to Rs 20.40 crore, aggregating to Rs 22.20 crore. It has also issued a directive to furnish a bank guarantee of Rs 50 crore, to be governed under the IndiGo Systemic Reform Assurance Scheme (ISRAS), with phased release linked to DGCA-verified implementation of systemic reform measures. The DGCA has issued a caution note to the Chief Executive Officer (CEO) for inadequate overall oversight of flight operations. A warning has been issued to the accountable manager (chief operating officer ' COO) for failure to adequately assess the impact of the Winter Schedule 2025 and the revised FDTL provisions, leading to widespread operational disruptions. The senior vice president ' operations control centre (OCC) has also received a warning, along with directions to the company to relieve him of current operational responsibilities and not assign any accountable position. Lastlty, the deputy head ' flight operations, AVP ' crew resource planning and director ' flight operations have also received warnings for operational, supervisory, and roster-management related lapses. The Chairman and Members of the Board Of Directors of InterGlobe Aviation said: We are in receipt of the orders of the Directorate General of Civil Aviation of India in relation to the events which led to a major operational disruption of IndiGo's flights in early December, 2025. We would like to take this opportunity to inform all of our stakeholders that the board and the management of IndiGo are committed to taking full cognizance of the orders and will, in a thoughtful and timely manner, take appropriate measures. Additionally, an in-depth review of the robustness and resilience of the internal processes at IndiGo has been underway since the disruption to ensure that the airline emerges stronger out of these events. InterGlobe Aviation is amongst the fastest growing low-cost carriers in the world. It had a fleet of 417 aircraft and provided scheduled services to 94 domestic and 41 international destinations as of 30th September 2025. The company's consolidated net loss widened to Rs 2,582.1 crore in Q2 FY26, compared with net loss of Rs 986.7 crore in Q2 FY25. Revenue from operations increased 9.34% YoY to Rs 18,555.3 crore in Q2 Sept 2025. The scrip rose 3.80% to currently trade at Rs 4918.60 on the BSE. Powered by Capital Market - Live

InterGlobe Aviation will hold a meeting of the Board of Directors of the Company on 22 January 2026.Powered by Capital Market - Live

InterGlobe Aviation has allotted 500 equity shares under ESOP on 05 January 2026. With this allotment, the paid up equity share capital of the company has increased to 38,65,91,098 equity shares of Rs 10 each. Powered by Capital Market - Live

The Nifty December 2025 futures closed at 26,103.30, a premium of 76 points compared with the Nifty's closing at 26,027.30 in the cash market. In the cash market, the Nifty 50 index lost 19.65 points or 0.08% to 26,027.30. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 1.40% to 10.25. InterGlobe Aviation, Kaynes Technology India and HDFC Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE. The December 2025 F&O contracts will expire on 30 December 2025. Powered by Capital Market - Live

According to media reports, the revised mandate will significantly impact IndiGo's daily operations. The airline is now expected to curtail 220'230 flights per day, compared with the 110'115 flights that would have been reduced under a 5% cut. IndiGo's original winter schedule of this year was supposed to have 2,225 - 2,230 flights. However, a 10% would now imply the number of flights to be between 2,000 - 2,100. The crisis has been triggered by an acute crew shortage following the rollout of revised Flight Duty Time Limitations (FDTL). The new norms exposed what officials describe as serious rostering and planning lapses, causing IndiGo's network to unravel. As more crew members became unavailable under the updated rules, schedules slipped, delays escalated and cancellations surged into the hundreds. InterGlobe Aviation is amongst the fastest growing low-cost carriers in the world. It had a fleet of 417 aircraft and provided scheduled services to 94 domestic and 41 international destinations as of 30th September 2025. The company's consolidated net loss widened to Rs 2,582.1 crore in Q2 FY26, compared with net loss of Rs 986.7 crore in Q2 FY25, including the impact of currency movement pertaining to dollar based future obligations. Revenue from operations increased 9.34% YoY to Rs 18,555.3 crore in Q2 Sept 2025, driven by strong operational execution and efficient capacity deployment.Powered by Capital Market - Live

IndiGo press release for normalisation of operations IndiGo can confirm that after days of significant and steady improvement across the network, we have reinstated our operations across our network. This means all flights published on our website are scheduled to operate with an adjusted network. Also, nearly all bags that were stuck at airports have been delivered to our customers and the teams are working on delivering the remaining at the earliest. Today, we are operating more than 1800 flights, connecting all 138 stations in our network, and plan to fly nearly 1900 flights tomorrow. We have optimised our operations, and our on-time performance is also back to normal levels. We have also automated the procedure for our customers to get full refunds upon cancellations (with 'No Questions Asked') through a simple process on our website. We request all our customers to check the latest flight status at https://www.goindigo.in/check-flight status.html before heading to the airport. Refund assistance, if any, can be sought at https://www.goindigo.in/refund.html or through our customer support channels. We regret this disruption and apologize sincerely to all our customers for the inconvenience caused to them.Powered by Capital Market - Live

Days of widespread flight cancellations and severe delays have disrupted travel across major airports including Delhi, Mumbai, Bengaluru and Hyderabad, leaving thousands of passengers stranded. The crisis has been triggered by an acute crew shortage following the rollout of revised Flight Duty Time Limitations (FDTL). The new norms exposed what officials describe as serious rostering and planning lapses, causing IndiGo's network to unravel. As crew became unavailable under the updated rules, schedules slipped, delays snowballed and cancellations crossed into the hundreds. The Ministry of Civil Aviation has intervened, ordering IndiGo to clear all pending refunds, provide automatic full refunds for cancelled flights, and ensure accommodation and assistance for stranded passengers. Regulators have also launched a detailed inquiry into the airline's operational failures, even as authorities temporarily relaxed FDTL rules to stabilise capacity. Analysts say IndiGo's market leadership remains intact but warn that prolonged disruption and heightened regulatory scrutiny could weigh on the stock in the near term. In a public statement on 5 December 2025, IndiGo's CEO Pieter Elbers apologised for the chaos, confirming that 5 December was the airline's worst day yet with more than 1,000 cancellations, representing over half its daily schedule. He outlined a three step plan focused on clearer customer communication, ensuring stranded passengers fly out the same day and executing a reboot of crew and aircraft scheduling. Elbers said the airline expects cancellations to decline from 6 December and projects a return to normal operations between 10 and 15 December. He acknowledged the strain on IndiGo's reputation and said teams across the company are working to restore customer confidence built over the last 19 years. On Friday, 5 December 2025, shares of InterGlobe Aviation slipped 1.22% to end at Rs 5,371.30 after touching an intraday low of Rs 5,266. InterGlobe Aviation is amongst the fastest growing low-cost carriers in the world. It had a fleet of 417 aircraft and provided scheduled services to 94 domestic and 41 international destinations as of 30th September 2025. The company's consolidated net loss widened to Rs 2,582.1 crore in Q2 FY26, compared with net loss of Rs 986.7 crore in Q2 FY25, including the impact of currency movement pertaining to dollar based future obligations. Revenue from operations increased 9.34% YoY to Rs 18,555.3 crore in Q2 Sept 2025, driven by strong operational execution and efficient capacity deployment. Powered by Capital Market - Live