Airlines company InterGlobe Aviation announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from operations for Q4FY26 was Rs 2,24,384 million, showing a decrease of 4.40% QoQ from Rs 2,34,719 million and an increase of 1.29% YoY from Rs 2,21,519 million. Total income for Q4FY26 stood at Rs 2,38,307 million, representing a decline of 2.89% QoQ from Rs 2,45,406 million and an increase of 3.17% YoY from Rs 2,30,975 million. The company reported a net loss for Q4FY26 of Rs 25,369 million, compared to a net profit of Rs 5,491 million in Q3FY26 and a net profit of Rs 30,675 million in Q4FY25. For the full year ended March 31, 2026 (FY26), revenue from operations reached Rs 8,49,619 million, showing a growth of 5.15% compared to Rs 8,08,029 million in FY25. The total income for FY26 was Rs 8,95,134 million, an increase of 6.44% over Rs 8,40,982 million in FY25. The company reported an annual net loss of Rs 23,936 million for FY26, as against an annual net profit of Rs 72,584 million for FY25. Basic Earnings Per Share (EPS) for FY26 stood at Rs (61.88) compared to Rs 187.93 in FY25. Standalone Financial Highlights: Revenue from operations for Q4FY26 was Rs 2,24,384 million, representing a 4.40% QoQ decrease and a 1.29% YoY increase. Total income for Q4FY26 stood at Rs 2,38,324 million, down 2.87% QoQ from Rs 2,45,359 million and up 3.15% YoY from Rs 2,31,051 million. The standalone net loss for Q4FY26 was Rs 26,621 million, compared to a net profit of Rs 6,126 million in Q3FY26 and a net profit of Rs 30,734 million in Q4FY25. For the full year FY26, standalone revenue from operations was Rs 8,49,619 million, up 5.15% from Rs 8,08,030 million in FY25. The standalone net loss for FY26 was Rs 25,025 million, compared to a net profit of Rs 72,533 million in FY25. Business Highlights: Exceptional Items: The company recorded total consolidated exceptional losses of Rs 17,964 million for FY26. This included Rs 12,192 million related to the implementation of the New Labour Codes and Rs 5,772 million related to operational disruptions. Finance Lease Prepayment: The Board approved the partial prepayment of finance lease obligations to its wholly-owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited, for an aggregate amount of up to USD 450 million. These funds will be used for the acquisition of aviation assets, enabling the ownership of aircraft and engines. Segment Performance: Based on the "management approach" as defined in Ind AS 108 – Operating Segments, the Chief Operating Decision Maker evaluates the Group’s performance as one segment, i.e., "air transportation services." Management Changes: Mr. Petrus Johannes Theodorus Elbers resigned as CEO on March 10, 2026. Mr. Aloke Singh was appointed Chief Strategy Officer effective April 6, 2026. Mr. William Walsh was appointed as the Chief Executive Officer and is expected to assume office on August 3, 2026. Tax Exposure: The tax exposure (excluding interest and penalty) for matters disallowed by income tax authorities up to AY 2022-23 amounts to Rs 24,185 million. Rahul Bhatia, MD, said: “FY26 was marked by an exceptionally challenging operating environment, which materially impacted our profitability. Despite these conditions, the underlying performance of the business remained resilient. During the year, our capacity grew by 9.5% and total income increased by over 6%. Excluding the impact of foreign exchange and exceptional items, IndiGo delivered a profit of Rs 75 billion. We continue to maintain a strong balance sheet with substantial liquidity, demonstrating resilience through prolonged periods of volatility. I would like to thank our 123 million customers for placing their trust in us, and our 69,000 dedicated IndiGo team members for their extraordinary professionalism. While the near term remains volatile, we remain firmly focused on disciplined execution, cost efficiency, and long-term value creation.” Result PDF