InterGlobe Aviation, which operates budget airline Indigo, reported a 62% year-on-year growth in its Q4FY25 consolidated net profit at Rs 3,067 crore versus Rs 1,895 crore in the year ago period. The profit is attributable to the owners of the company.
The company's board recommended a dividend of Rs 10 per equity share subject to approval of the shareholders of the company at the ensuing Annual General Meeting (AGM). The payment of dividend will be completed within 30 days of declaration at the ensuing AGM.
The company reported revenue from operations of of Rs 22,152 crore, which was up by 24% from Rs 17,825 crore in the corresponding quarter of the last financial year.
The profit after tax (PAT) in the reported quarter was up 25% on a sequential basis versus 2,449 crore in Q3FY25 while the topline was marginally higher against Rs 22,111 crore reported in the October-December quarter of FY25.
Company's net profit in FY25 fell 11% to Rs 7,258 crore from Rs 8,172.5 crore reported in FY24 notwithstanding a 17% uptick in its revenues which stood at 80,803 crore against Rs 68,904 crore in the previous financial year. This was because, company's expenses jumped sharply by 17% to Rs 76,505 crore in FY25 versus Rs 63,182 crore.
The expenses were incurred under the head like aircraft fuel expenses, aircraft & engine rentals, airport fees & charges.
In Q4FY25, the company reported foreign exchange losses to the tune of Rs 137 crore.
Key takeaways for the quarter ended March 31, 2025, compared to the same period last year:
-- Capacity increased by 21.0% to 42.1 billion
-- Passengers increased by 19.6% to 31.9 million
-- Yield increased by 2.4% to Rs 5.32 and load factor improved by 1.1 pts to 87.4%
-- Reduction in fuel CASK by 6.6% to Rs 1.60
-- EBITDAR of Rs 6,948 crore while the EBITDAR margin was reported at Rs 31.4% compared to EBITDAR of Rs 4,412 crore and EBITDAR margin of 24.8%.
Management commentary
Commenting on the earnings, CEO Pieter Elbers said that the company reported healthy financial performance for this quarter and the financial year 2025 amid sustained performance. It is the result of record passenger volumes, operational efficiencies, agility and commitment demonstrated by IndiGo employees, he said.
"As we build on this momentum, we will continue to focus on cost leadership and further Internationalization with the start of our European operations,” Elbers said.
The company's board recommended a dividend of Rs 10 per equity share subject to approval of the shareholders of the company at the ensuing Annual General Meeting (AGM). The payment of dividend will be completed within 30 days of declaration at the ensuing AGM.
The company reported revenue from operations of of Rs 22,152 crore, which was up by 24% from Rs 17,825 crore in the corresponding quarter of the last financial year.
The profit after tax (PAT) in the reported quarter was up 25% on a sequential basis versus 2,449 crore in Q3FY25 while the topline was marginally higher against Rs 22,111 crore reported in the October-December quarter of FY25.
Company's net profit in FY25 fell 11% to Rs 7,258 crore from Rs 8,172.5 crore reported in FY24 notwithstanding a 17% uptick in its revenues which stood at 80,803 crore against Rs 68,904 crore in the previous financial year. This was because, company's expenses jumped sharply by 17% to Rs 76,505 crore in FY25 versus Rs 63,182 crore.
The expenses were incurred under the head like aircraft fuel expenses, aircraft & engine rentals, airport fees & charges.
In Q4FY25, the company reported foreign exchange losses to the tune of Rs 137 crore.
Key takeaways for the quarter ended March 31, 2025, compared to the same period last year:
-- Capacity increased by 21.0% to 42.1 billion
-- Passengers increased by 19.6% to 31.9 million
-- Yield increased by 2.4% to Rs 5.32 and load factor improved by 1.1 pts to 87.4%
-- Reduction in fuel CASK by 6.6% to Rs 1.60
-- EBITDAR of Rs 6,948 crore while the EBITDAR margin was reported at Rs 31.4% compared to EBITDAR of Rs 4,412 crore and EBITDAR margin of 24.8%.
Management commentary
Commenting on the earnings, CEO Pieter Elbers said that the company reported healthy financial performance for this quarter and the financial year 2025 amid sustained performance. It is the result of record passenger volumes, operational efficiencies, agility and commitment demonstrated by IndiGo employees, he said.
"As we build on this momentum, we will continue to focus on cost leadership and further Internationalization with the start of our European operations,” Elbers said.
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