{"id":3507,"date":"2025-01-25T11:03:12","date_gmt":"2025-01-25T05:33:12","guid":{"rendered":"https:\/\/www.eqwires.com\/tutorials\/?p=3507"},"modified":"2025-01-25T11:03:13","modified_gmt":"2025-01-25T05:33:13","slug":"indigo-q3-results-airline-lands-back-on-the-profit-runway-after-previous-quarter-loss","status":"publish","type":"post","link":"https:\/\/www.eqwires.com\/tutorials\/indigo-q3-results-airline-lands-back-on-the-profit-runway-after-previous-quarter-loss\/","title":{"rendered":"IndiGo Q3 Results: Airline lands back on the profit runway after previous quarter loss"},"content":{"rendered":"\n<p id=\"speakable-summary\">Interglobe Aviation Ltd., parent company of India&#8217;s largest airline by market share, IndiGo, reported an 18% year-on-year decline in its December quarter consolidated net profit at&nbsp;\u20b92,449 crore as against&nbsp;\u20b92,998 crore seen in the year-ago period. The airline posted a loss of&nbsp;\u20b9988 crore in the preceding September quarter.<\/p>\n\n\n\n<p>The third quarter performance was driven by strong demand for air travel, continued growth, and lower fuel cost.<\/p>\n\n\n\n<p>The airline&#8217;s revenue from operations rose 14% year-on-year to&nbsp;\u20b922,111 crore, compared to&nbsp;\u20b919,452 in the corresponding quarter of last year.<\/p>\n\n\n\n<p>The topline number was higher than CNBC-TV18&#8217;s poll of 21,909 crore; however bottomline was below CNBC-TV18&#8217;s poll estimate of \u20b93,152 crore.<\/p>\n\n\n\n<p>Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) rose 0.7% year-on-year to \u20b95,178.6 crore, which was higher than last year&#8217;s \u20b95,143.6 crore.<\/p>\n\n\n\n<p>EBITDA margin of 23.4% was lower than 26% on a year-on-year basis.<\/p>\n\n\n\n<p id=\"speakable-summary\">IndiGo slipped back into the red in the previous September quarter, reporting a loss of\u00a0\u20b9987 crore even as its revenue climbed 14% YoY to\u00a0\u20b916,970 crore.<\/p>\n\n\n\n<p id=\"speakable-summary\">&#8220;We delivered a strong third quarter of financial year 2025, both operationally and financially. We reported a total income of&nbsp;\u20b923,000 crore, reflecting a growth of 15% and profit excluding the impact of currency movement of&nbsp;\u20b93,850 crore. Including currency impact, we reported a profit of&nbsp;\u20b92,450 crore highlighting effective execution of our clear and well-defined strategy. These results were driven by robust demand in the market and our ability to cater to that demand supported by lower fuel prices,&#8221; said CEO Pieter Elbers.<\/p>\n\n\n\n<p>The IndiGo CEO said the company touched new milestones as it operated a peak of 2,200 daily flights and served a record 31.1 million passengers during the quarter. &#8220;We will continue the growth path to offer our customers with options to conveniently fly to the destination of their choice,&#8221; he said.<\/p>\n\n\n\n<p>Available Seat Kilometers (ASK), which measures an airline&#8217;s capacity to carry passengers, came in at 4,080 crore as against 3,650 crore, a growth of 12% on-year.<\/p>\n\n\n\n<p>Revenue Passenger Kilometers (RPK), which measures the number of passengers carried by an airline, stood at 3,550 crore as against 3,130 crore, seeing a 13.5% on-year rise.<\/p>\n\n\n\n<p>The airline&#8217;s load factor increased by 120 basis points to 86.9% in Q3FY25 compared to 85.8% in Q3FY24.<\/p>\n\n\n\n<p>As of December 31, 2024, IndiGo had a total cash balance of&nbsp;\u20b943,780.8 crore comprising&nbsp;\u20b928,903.5 crore of free cash and&nbsp;\u20b914,877 crore of restricted cash.<\/p>\n\n\n\n<p id=\"speakable-summary\">The capitalised operating lease liability was&nbsp;\u20b949,593.7 crore. The total debt, including the capitalised operating lease liability, was&nbsp;\u20b965,138.5 crore.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.eqwires.com\/tutorials\/who-is-the-best-sebi-registered-investment-advisor-in-i\">Eqwires Research Analyst<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><strong><a href=\"https:\/\/www.eqwires.com\/\">Top-notch SEBI registered research analyst<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><strong><a rel=\"noreferrer noopener\" href=\"https:\/\/www.eqwires.com\/\" target=\"_blank\">Best SEBI registered Intraday tips provider <\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-gray-color has-text-color\"><a href=\"mailto:info@eqwires.com\"><strong>info@eqwires.com<\/strong><\/a><\/p>\n\n\n\n<p class=\"has-dark-red-color has-text-color\"><strong><a href=\"https:\/\/t.me\/eqwires\">Telegram&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/www.facebook.com\/eqwires\/\">Facebook&nbsp;<\/a>|&nbsp;<a href=\"https:\/\/instagram.com\/Eqwires\">Instagram<\/a><\/strong><\/p>\n\n\n\n<p class=\"has-dark-red-color has-text-color\"><strong>Call: +91 9624421555 \/&nbsp;<em>+91 9624461555<\/em><\/strong><\/p>\n\n\n\n<p><strong><a href=\"http:\/\/www.eqwires.com\/\">www.eqwires.com<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interglobe Aviation Ltd., parent company of India&#8217;s largest airline by market share, IndiGo, reported an 18% year-on-year decline in its December quarter consolidated net profit at&nbsp;\u20b92,449 crore as against&nbsp;\u20b92,998 crore seen in the year-ago period. The airline posted a loss of&nbsp;\u20b9988 crore in the preceding September quarter. The third quarter performance was driven by strong demand for air travel, continued growth, and lower fuel cost. The airline&#8217;s revenue from operations rose 14% year-on-year to&nbsp;\u20b922,111 crore, &hellip; <a href=\"https:\/\/www.eqwires.com\/tutorials\/indigo-q3-results-airline-lands-back-on-the-profit-runway-after-previous-quarter-loss\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IndiGo Q3 Results: Airline lands back on the profit runway after previous quarter loss&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":3508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-3507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=3507"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3507\/revisions"}],"predecessor-version":[{"id":3509,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/3507\/revisions\/3509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media\/3508"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=3507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=3507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=3507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}