IndiGo shares jump over 5% intraday despite reporting ₹2,537 crore loss in the March quarter

IndiGo shares are in the spotlight today as the airline stocks opened over 2.5% higher despite reporting a net loss of ₹2,537 crore in the March quarter. IndiGo shares opened at ₹4,525 apiece on NSE, up 2.7% and rose futher 5.1% intraday to hit a day high of ₹4,633.9 per share.

IndiGo reports Q4 net loss of ₹2,537 crore

IndiGo reported a consolidated net loss of ₹2,537 crore in the March quarter of FY26, mainly due to foreign exchange losses, domestic capacity curbs and one-time expenses of ₹250 crore tied to the implementation of new labour codes. The company reported a profit of ₹3,068 crore in the corresponding period last year.

The airlines reported a marginal rise of 1% YoY in revenue from operations to ₹22,438 crore from ₹22,152 crore in the same quarter last year. As per the company, the Indian rupee depreciated by 5% during the March quarter, which resulted in a forex loss of ₹4,823 crore and impacted the profitability. Net profit, excluding forex losses and exceptional items, stood at ₹1,920.6 crore.

During the March quarter, IndiGo’s capacity increased by 3.4% to 43.6 billion ASKs (available seat kilometres), despite disruptions arising from the ongoing conflict in the Middle East. Meanwhile, passenger traffic declined marginally by 1.1% to 31.6 million.

IndiGo full-year result

Net loss for the full financial year FY26 stood at ₹2,394 crore. However, if the impact of exceptional items and forex loss is excluded, then the company has a net profit of ₹7502.5 crore. Meanwhile, revenue from operations increased by 5.1% to ₹84,961 crore.

For the full year, IndiGo’s capacity increased by 9.5% to 172.4 billion, while passengers increased by 4.0% to 123.4 million against a seat growth of 5.2%.