InterGlobe Aviation is one of India's leading airlines, offering passenger and cargo services on the domestic and international air travel market. The company operates its flight services under the brand name IndiGo. It is the largest airline in India with over 1,950 daily flights across 79 domestic and 32 international destinations. The company holds a 63.4% domestic market share as of September 2023. The company was originally incorporated as InterGlobe Aviation Private Limited in 2004 before becoming a public entity in 2006. IndiGo launched domestic operations in August 2006 and crossed the one million passenger mark in less than a year of operation.
Business operations
IndiGo began its international operation in 2011 and also secured its position as the largest domestic carrier in India by market share. By 2012, the airline crossed the milestone of 50 million passengers and in another two years it breached the 75 million passenger mark. The company acquired its 100th aircraft in 2014. The next year, the airlines placed an order of 250 A320neo aircraft with Airbus with deliveries to be completed by March 2017. The new aircraft powered by Pratt and Whitney's fuel-efficient geared turbofan engines would help the airline structurally reduce its cost of operations.
The company began air traffic control (ATC) operations in Hyderabad in 2017 and announced 90 new flights. IndiGo became the first Indian carrier to operate over 100 flights a day.
IndiGo’s grip over the domestic market grew stronger thanks to its aggressive pricing, making air travel affordable to a new range of customers. IndiGo’s fleet size grew to nearly 220 aircraft by the end of FY 2018-19. The company focused on having the fuel-efficient A320neos in its fleet, helping it to bring its operational cost marginally. The aircraft offered a higher seating capacity and lower unit costs.
The airline began operations on 28 new international routes, coming out of the image of being just a domestic carrier.
During FY 2019-20, IndiGo inducted 45 planes to the fleet of which 42 were fuel-efficient A320 A321NEO family aircraft. The company added 10 new domestic and 8 new international destinations.
IndiGo’s fleet as of December 2023 consisted of 176 A320 neo, 93 A321 neo, 41 ATR aircraft and 1 B777 (damp lease).
The market capitalisation of IndiGo’s parent company InterGlobe Aviation stood at over ₹1.14 lakh crore as of December 30, 2023. IndiGo's share price has grown over 75% in the last three years.
Interglobe Aviation Financial Highlights
- Revenue: Interglobe Aviation reported revenue of ₹89,513.40 crore in FY26 vs ₹84,098.20 crore in FY25. It showed an increase of 6.44% on a yearly basis.
- Operating Profit: Interglobe Aviation reported an operating loss of ₹1,960.50 crore in FY26 vs ₹7,593.40 crore in FY25. It showed a decrease of 125.82% on a year-on-year basis.
- Net Profit: Interglobe Aviation reported a net loss of ₹2,393.60 crore in FY26 vs ₹7,258.40 crore in FY25. It showed a decrease of 132.98% on a yearly basis.
Interglobe Aviation Quarterly Result Highlights
- Interglobe Aviation reported revenue of ₹25,614.10 crore in Jun 2026, compared with ₹23,830.70 crore in Mar 2026, representing an increase of 7.48% on a quarter-on-quarter (QoQ) basis.
- Interglobe Aviation reported an operating loss of ₹238.40 crore in Jun 2026, compared with ₹2,351.70 crore in Mar 2026, representing an increase of 89.86% on a quarter-on-quarter (QoQ) basis.
- Interglobe Aviation reported a loss of ₹238.00 crore in Jun 2026, compared with ₹2,536.90 crore in Mar 2026, reflecting an increase of 90.62% on a QoQ basis.
- The earnings per share (EPS) of Interglobe Aviation stood at ₹61.88 during Jun 2026.
