Overview
- InterGlobe Aviation, operator of IndiGo, posted a consolidated Q4 FY26 net loss of Rs 2,536.9 crore and a full-year net loss of Rs 2,393.6 crore, results filed on May 29 show.
- The company said about Rs 4,823 crore of the quarterly shortfall came from foreign-exchange losses linked to a sharply weaker rupee and FY26 forex losses totalled roughly Rs 8,100 crore.
- IndiGo also booked an exceptional Q4 charge of about Rs 250 crore tied to additional employee-benefit provisions from new Indian labour codes and recorded nearly Rs 1,200 crore of labour-related costs in FY26.
- Operational shocks — the December 3–5 meltdown that cancelled 2,507 flights and Pratt & Whitney engine availability problems — cost the airline roughly Rs 580 crore and left parked aircraft counts in the 40s.
- Management says the underlying business remained profitable (adjusted FY26 profit ~Rs 7,502.5 crore), the group holds strong liquidity (~Rs 51,651 crore cash), has confirmed a CEO succession to William Walsh, and guided for modest ASK growth of about 3–4% in Q1 FY27.