IndiGo Share Price in Focus; Reported Q3 FY25 Results with 13.7% Revenue Growth

InterGlobe Aviation Limited (IndiGo) announced its financial results for Q3 FY25.

Post the announcement, on January 27, 2025, IndiGo share price opened at ₹4,135.55, down from its previous close of ₹4,161.80. At 10:13 AM, the share price of IndiGo was trading at ₹4,200.00, up by 0.92% on the NSE.

Q3 FY 2025 Financial Highlights

For the quarter ending December 31, 2024, the airline’s capacity increased by 12.0% to 40.8 billion, and the number of passengers carried rose by 12.7% to 31.1 million. Unit passenger revenue (PRASK) saw a slight improvement of 0.3% to ₹4.72.

Revenue from operations stood at ₹22,110.7 crore, reflecting a 13.7% year-on-year growth. Total income for the quarter reached ₹22,992.8 crore, a rise of 14.6% compared to the same period last year. Passenger ticket revenues grew by 12.3% to ₹19,267.8 crore, while ancillary revenues surged by 22.3% to ₹2,153.1 crore.

EBITDAR for the quarter stood at ₹6,058.7 crore, with an EBITDAR margin of 27.4%, compared to ₹5,475.1 crore and a margin of 28.1% in the previous year. The net profit for the quarter was ₹2,448.8 crore, down from ₹2,998.1 crore in Q3 FY24.

As of December 31, 2024, IndiGo’s total cash balance was ₹43,780.8 crore, including ₹28,903.5 crore in free cash and ₹14,877.3 crore in restricted cash. The airline’s total debt, inclusive of capitalised operating lease liability, stood at ₹65,138.5 crore.

Management Commentary 

Mr Pieter Elbers, CEO, said, “We delivered a strong third quarter of financial year 2025, both operationally and financially. We reported a total income of INR 230 billion, reflecting a growth of 15 percent and profit excluding the impact of currency movement of INR 38.5 billion. Including currency impact, we reported a profit of INR 24.5 billion highlighting effective execution of our clear and well-defined strategy.”

He further added, “These results were driven by robust demand in the market and our ability to cater to that demand supported by lower fuel prices. We touched new milestones as we operated a peak of 2,200 daily flights and served a record 31.1 million passengers during the quarter. We will continue the growth path to offer our customers with options to conveniently fly to the destination of their choice.”

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