• About us
  • Team
  • Privacy Policy
  • Contact
Saturday, October 24, 2026
  • Login
No Result
View All Result
World's first weekly chronicle of development news
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
  • Blitz Highlights
    • Special
    • Spotlight
    • Insight
    • Entertainment
    • Sports
  • Opinion
  • Legal
  • Perspective
  • Nation
    • East
    • West
    • North
    • South
  • Business & Economy
  • World
  • Hindi Edition
  • International Editions
    • Dubai
    • Tanzania
    • United Kingdom
    • USA
  • Blitz India Business
No Result
View All Result
World's first weekly chronicle of development news
No Result
View All Result

IndiGo’s net profit nosedives 78 pc in Q3

by Blitz India Media
January 22, 2026
in News
0
IndiGo, ATF, domestic
Blitz Bureau

NEW DELHI: InterGlobe Aviation, the parent company of IndiGo, on January 22 registered a consolidated net profit of Rs 549.8 crore for the October-December period (Q3) – a sharp about 78 per cent drop from the Rs 2,448.8 net profit reported in the same period of the previous fiscal. The low-cost airline said in its exchange filing that net profit was impacted by significant operational disruption in early December as well as new Labour Codes.

“Exceptional items for the quarter ended December 2025 were Rs 15,465 million, include estimated provision towards implementation of new labour laws of Rs 9,693 million, costs related to operational disruptions of Rs 5,550 million and penalty of Rs 222 million as per the DGCA order,” the company informed. IndiGo CEO Pieter Elbers said that this quarter, the company faced major operational disruptions that resulted in significant flight cancellations and delays from December 3-5.

“We deeply regret the inconvenience faced by our customers and express our heartfelt gratitude for their patience and trust,” he said. Aviation regulator, the Directorate General of Civil Aviation (DGCA), imposed a penalty of Rs 22.20 crore on airline IndiGo for large-scale flight disruptions witnessed in December 2025. According to the regulator, IndiGo cancelled 2,507 flights and delayed 1,852 flights between December 3 and 5, leaving more than three lakh passengers stranded at airports across the country.

The disruptions caused widespread inconvenience and raised serious concerns about the airline’s operational preparedness.

Despite these operational disruptions, IndiGo delivered “a topline of around Rs 245 billion in the December quarter, reflecting a growth of around 7 per cent with a reported profit of around Rs 5 billion and an underlying profit excluding exceptional items and forex of Rs 31 billion,” said Elbers, adding that the long-term fundamentals remain strong.

Related Posts

Reserve Bank of India
News

Indians’ investment in foreign markets more than doubles to $321 million

October 24, 2026
Navdeep credits SAI
News

Navdeep credits SAI, JLN Stadium for Asian Para Games success

October 24, 2026
India Economy
News

India continues to clock robust growth amid global uncertainties

October 24, 2026
India’s Steel Consumption Jumps 7.6% in 2026
News

India’s steel appetite surges 7.6pc as infra push gathers pace

October 24, 2026
Sindhu
News

Sindhu storms into French Open semifinals

October 23, 2026
Growth
News

India-EU FTA to propel exports to Germany beyond $50 billion

October 23, 2026
Load More
Next Post
Sindhu, Lakshya in quarters of Indonesia Masters

Sindhu, Lakshya in quarters of Indonesia Masters

Recent News

Reserve Bank of India
News

Indians’ investment in foreign markets more than doubles to $321 million

by Blitz India Media
October 24, 2026
0

Mumbai, 24 October 24: Investment in overseas equity and debt markets by Indians more than doubled, jumping 111 per cent...

Read moreDetails
Navdeep credits SAI

Navdeep credits SAI, JLN Stadium for Asian Para Games success

October 24, 2026
India Economy

India continues to clock robust growth amid global uncertainties

October 24, 2026
India’s Steel Consumption Jumps 7.6% in 2026

India’s steel appetite surges 7.6pc as infra push gathers pace

October 24, 2026
Sindhu

Sindhu storms into French Open semifinals

October 23, 2026

Blitz Highlights

  • Special
  • Spotlight
  • Insight
  • Entertainment
  • Health

International Editions

  • US (New York)
  • UK (London)
  • Middle East (Dubai)
  • Tanzania (Africa)

Nation

  • East
  • West
  • South
  • North
  • Hindi Edition

E-paper

  • India
  • Hindi E-paper
  • Dubai E-Paper
  • USA E-Paper
  • UK-Epaper
  • Tanzania E-paper

Useful Links

  • About us
  • Team
  • Privacy Policy
  • Contact

©2024 Blitz India Media -Building A New Nation

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

    No Result
    View All Result
    • Blitz Highlights
      • Special
      • Spotlight
      • Insight
      • Entertainment
      • Sports
    • Opinion
    • Legal
    • Perspective
    • Nation
      • East
      • West
      • North
      • South
    • Business & Economy
    • World
    • Hindi Edition
    • International Editions
      • Dubai
      • Tanzania
      • United Kingdom
      • USA
    • Blitz India Business

    ©2024 Blitz India Media -Building A New Nation