IndiGo Q2FY26 Earnings Results: Reports ₹2,582 Crore Loss Despite 9.3% Rise in Revenue

InterGlobe Aviation Ltd, the parent company of IndiGo Airlines, reported a net loss of ₹2,582 crore for the quarter ended September 2025 (Q2FY26). The loss widened from ₹986.7 crore in the same period last year, mainly due to foreign exchange losses and currency fluctuations.

Revenue and Operational Performance

Despite the loss, IndiGo’s revenue from operations rose 9.3% YoY to ₹18,555 crore, compared to ₹16,969 crore in Q2FY25. The airline’s EBITDA jumped 85% to ₹3,472 crore from ₹1,873 crore last year, while the EBITDA margin improved to 18.7%, up from 11% in the previous year, showing better cost control and higher operational efficiency.

Also Read: Top SIP Stocks for November 2025!

Management Outlook

IndiGo CEO Pieter Elbers said the aviation sector faced major challenges at the start of the year but saw stabilisation from July and a strong rebound in August and September.
He added that IndiGo has raised its capacity growth guidance for FY26 to “early teens,” as the airline scales up operations to meet rising demand.

Indigo Share Price Movement

InterGlobe Aviation share price (IndiGo) closed 1.15% lower at ₹5,630 on November 4, 2025. The stock opened at ₹5,696 and touched an intraday high of ₹5,699.50, before slipping to a low of ₹5,581.50. IndiGo’s market capitalisation stood at ₹2.18 lakh crore, with a P/E ratio of 32.50 and a dividend yield of 0.18%. 

Conclusion

IndiGo’s Q2 performance reflects the ongoing impact of currency volatility despite steady revenue growth and improving margins. With demand recovering and capacity expansion underway, the airline aims to strengthen its market position in the second half of FY26.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.