• About us
  • Team
  • Privacy Policy
  • Contact
Friday, July 10, 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

FSSAI Alcohol Notices
News

FSSAI cracks down on liquor manufacturers

July 10, 2026
PM Modi emplanes for 3-nation tour
News

PM Modi emplanes for New Zealand

July 10, 2026
solar rooftop program
News

World Bank to finance India’s solar rooftop program

July 10, 2026
Ebola death toll exceeds 600 in Africa
News

Ebola death toll exceeds 600 in Africa

July 10, 2026
footwear
News

Govt extends legacy stock clearance for footwear

July 10, 2026
US President Donald Trump
News

Trump orders fresh strikes against Iran

July 9, 2026
Load More
Next Post
Sindhu, Lakshya in quarters of Indonesia Masters

Sindhu, Lakshya in quarters of Indonesia Masters

Recent News

FSSAI Alcohol Notices
News

FSSAI cracks down on liquor manufacturers

by Blitz India Media
July 10, 2026
0

Blitz Bureau NEW DELHI: The Food Safety and Standards Authority of India (FSSAI) has issued notices to alcoholic beverage manufacturers...

Read moreDetails
PM Modi emplanes for 3-nation tour

PM Modi emplanes for New Zealand

July 10, 2026
solar rooftop program

World Bank to finance India’s solar rooftop program

July 10, 2026
Ebola death toll exceeds 600 in Africa

Ebola death toll exceeds 600 in Africa

July 10, 2026
footwear

Govt extends legacy stock clearance for footwear

July 10, 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