InterGlobe Aviation, which owns IndiGo, reported an 11.19% fall in its net profit for the full fiscal year FY25, at Rs 7,258.4 crore, from Rs 8,172.5 crore in FY24.
But IndiGo reported a strong 61.89% year-over-year (YoY) growth in consolidated net profit in the January–March quarter (Q4 FY25) at Rs 3,067.5 crore, up from Rs 1,894.8 crore in Q4 FY24. Excluding the effect of foreign exchange rates, the profit grew 44.7% to Rs 2,981.1 crore compared to Rs 2,060 crore during the same quarter last year.
The revenue from operations of the airline increased by 24.3% in Q4 at Rs 22,151.9 crore, up from Rs 17,825.3 crore in the same period a year ago.
EBITDAR (earnings before interest, taxes, depreciation, amortisation, and rent) also increased substantially by 57.5%, rising to Rs 6,948.2 crore during the quarter. The EBITDAR margin also significantly improved to 31.4%, up from 24.8% in Q4 FY24.
IndiGo increased its capacity by 21% in the quarter, and the number of passengers grew by 19.6% with 3.19 crore passengers. The load factor climbed marginally to 87.4% compared to 86.3% in the corresponding quarter last fiscal year.
Looking at the performance of the company, CEO Pieter Elbers referred to the performance of the airline as a "healthy financial performance" for both the quarter and full year. He attributed this to record passenger volumes, operating efficiencies, and the hard work of IndiGo's employees.
However, Elbers pointed out some recent challenges, such as the shutdown of Pakistan's airspace and 32 airports in May that impacted operations. IndiGo operated in 11 of these airports, meaning around 170 flights had to be cancelled each day.
Although April recorded good results, Elbers warned that May would probably be weaker, although the airline anticipates a pickup in traffic from June onwards.
Besides, Elbers declared a recommended dividend of Rs 10 per equity share to be paid to IndiGo's shareholders. He also informed that one of the foremost international credit rating agencies had given an investment-grade rating to IndiGo, recognizing its strong balance sheet as well as consistent track record.
For the future, the airline expects to continue its emphasis on cost leadership and intends to continue expanding its international presence further, including starting operations in Europe.
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