Indigo's profit dropped by more than 11 percent in FY 25

Mumbai, May 21 (IANS). The profit of Interglob Aviation, the parent company of Indigo, the country’s largest domestic airline, reduced by 11.19 percent to Rs 7,258.4 crore in FY 25, which was Rs 8,172.5 crore in FY. Indigo’s consolidated net profit in the fourth quarter of FY 25 On an annual year basis it was Rs 1,894.8 crore in the same period of FY 24. The company rose 24.3 percent in the fourth quarter to Rs 22,151.9 crore, which was Rs 17,825,3 in the same quarter. The company’s ebitdar increased by 57.5 percent in the fourth quarter of FY 25 to Rs 6.948.2 Crore. Indigo Load Factor increased to 87.4 percent in the fourth quarter of FY 25, which was in the fourth quarter of FY 24 86.3 percent. At the company’s performance, CEO Peter Albers said the company’s financial performance was strong in the fourth quarter and all year. He credited a record passenger number, operational efficiency and efforts of Indigo employees. However, Alber also accepted the challenges. The airline operations were affected due to the closure of Pakistan aircraft and 32 airports in May. Of these, 11 airports used to provide Indigo Airline, which had to be canceled about 170 flights per day. He said April started well, but May is expected to be weak. However, the airline hopes traffic will improve from June. Elbs further stated that a major international credit rating agency has given indigo investment grade rating, with the recognition of its strong balance sheet and continuous performance. The airline in future plans to expand its international appearance, including the focus on cost leadership and the onset of European operations. -Ians abs/