IndiGo shares surge 1.5% to hit 52-week high; here are all key developments

In five trading sessions, IndiGo shares have increased 2.38%, while for one month, they have gained 0.88%. Over six months, the stock has zoomed 42%.

Since the beginning of the year, the share price has advanced 30.39%. IndiGo’s market capitalisation stands at ₹2,32,000 crore, according to the National Stock Exchange.

Here are all the recent key developments:

In July, InterGlobe Aviation had shared plans to add more overseas destinations and explore new Maintenance, Repair and Overhaul (MRO) opportunities as part of its strategy to transform into a global aviation player, according to its annual report for 2024-25.

The carrier, which turned 18 last year, reported record financial results in its FY25 annual report, including an 18% increase in revenue to ₹84,100 crore and a net profit of ₹7,300 crore.

IndiGo also carried more than 118 million passengers during the year, a 13% increase in capacity. It has a domestic market share of 64.5% and operates around 2,200 flights daily with more than 430 planes.

The airline had also signed a memorandum of understanding with Airbus for an additional 30 A350-900 aircraft, doubling its earlier widebody order, and recently unveiled an industry-leading partnership with Delta Air Lines, Air France-KLM, and Virgin Atlantic.

IndiGo had highlighted strong momentum in its cargo business, which grew 10% year-on-year domestically and 36% internationally, and said it plans to further tap into European cargo markets in tandem with the arrival of widebody aircraft.

Aviation regulator DGCA has issued a show cause notice to IndiGo this week for alleged lapses in simulator training conducted for nearly 1,700 pilots.

According to people with knowledge on the matter, the show cause notice was issued after scrutiny of records and replies received from the airline in July. IndiGo said it is in the process of reviewing the show cause notice.

The Directorate General of Civil Aviation (DGCA) found that Category C, or critical airfield training, for around 1,700 pilots, including pilots in command and first officers, was conducted with non-qualified simulators.

“IndiGo operated daily flights between India and China prior to the Covid-19 pandemic. The airline stands ready to resume these services as soon as bilateral arrangements between the two countries allow. Guided by its entrepreneurial spirit, IndiGo remains committed to identifying and pursuing commercially viable opportunities," the airline has told the news portal.

InterGlobe Aviation reported a net profit of ₹2,176 crore in the first quarter of the current financial year (Q1FY26), marking a decline of 20% from ₹2,729 crore in the same period last year. The company's revenue from operations, however, rose 5% to ₹20,496 crore from ₹19,571 crore in the year-ago period. The company reported subdued operational performance as its earnings before finance income and cost, tax, depreciation, amortisation and aircraft and engine rental (EBITDAR) fell 1.2% to ₹5,739 crore and its EBITDAR margin shrank by 170 basis points to 28% at the end of the June quarter.

At the end of the first quarter, IndiGo had a fleet of 416 aircraft, up 9% from 382 aircraft in the same period last year. The passenger volumes demonstrated a strong growth of around 12% year-over-year, reflecting resilient demand despite the external headwinds, IndiGo said.

The airline is expected to join the Nifty50 index from September following a rejig in the 50-share index. As per various news reports, IndiGo is likely to replace auto major Hero MotoCorp.