Mass Flight Cancellations Weigh On IndiGo’s Q3 results: Profit Falls 78% YoY

The airline said that the net profit during the quarter was impacted by new labour codes and the significant operational disruption faced in December 2025

By Entrepreneur Staff | Jan 22, 2026
Pieter Elbers,CEO, IndiGo

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InterGlobe Aviation, the parent company of IndiGo, reported a consolidated net profit of INR 549.8 crore for Q3 FY26. This marks a 77.5 percent fall from the INR 2,448.8 net profit reported in the same period a year ago.

The airline said that the net profit during the quarter was impacted by new labour codes and the significant operational disruption faced in December 2025. Without the total exceptional items worth INR 1,546.5 crore, the company’s net profit would have stood at INR 2,096.3 crore, marking a 14 percent YoY fall.

Pieter Elbers,CEO, said, “This quarter, the company faced major operational disruptions that resulted in significant flight cancellations and delays from 3rd to 5th December. We deeply regret the inconvenience faced by our customers and express our heartfelt gratitude for their patience and trust. I also want to thank all IndiGo colleagues who worked tirelessly to stabilize operations—your dedication and ‘service from the heart’ enabledustoreturnswiftlytonormaloperations.WearegratefultotheGovernment,AviationAuthorities and all other partners in the Indian aviation ecosystem for their support in helping restore normalcy.”

The major reason for the cancellation of over 1,200 flights was due to the introduction of the new FDTL (Flight Duty Time Limitation) norms introduced by DGCA.

Consolidated revenue from operations for the December quarter rose 6.2 per cent YoY to INR 2,34,719 million from INR 2,21,107 million in the same quarter last year. Sequentially, revenue from operations jumped 26.5 per cent. Quarter-on-quarter (QoQ), the company’s profit was healthy, as in Q2FY26 it incurred a loss of INR 25,817 million.

“IndiGo delivered a topline of around 245 billion rupees in the December quarter,reflecting a growth of around 7 per cent with a reported profit of around 5 billion rupees and an underlying profit excluding exceptional items and forex of 31 billion rupees. We welcomed nearly 32 million customers in this quarter and around 124 million customers in the calendar year 2025. As we look ahead, we remain committed to enhanced customer experience.”

In a recent move, DGCA has imposed a INR 22.20 crore penalty on IndiGo, due to its earlier operational efficiency. IndiGo cancelled over 2,500 flights and approximately 1,850 others were delayed impacting more than three hundred thousand passengers across India. An aggressive push to maximize aircraft, crew, and network utilization with razor-thin buffers for unforeseen events led to the crisis.

InterGlobe Aviation, the parent company of IndiGo, reported a consolidated net profit of INR 549.8 crore for Q3 FY26. This marks a 77.5 percent fall from the INR 2,448.8 net profit reported in the same period a year ago.

The airline said that the net profit during the quarter was impacted by new labour codes and the significant operational disruption faced in December 2025. Without the total exceptional items worth INR 1,546.5 crore, the company’s net profit would have stood at INR 2,096.3 crore, marking a 14 percent YoY fall.

Pieter Elbers,CEO, said, “This quarter, the company faced major operational disruptions that resulted in significant flight cancellations and delays from 3rd to 5th December. We deeply regret the inconvenience faced by our customers and express our heartfelt gratitude for their patience and trust. I also want to thank all IndiGo colleagues who worked tirelessly to stabilize operations—your dedication and ‘service from the heart’ enabledustoreturnswiftlytonormaloperations.WearegratefultotheGovernment,AviationAuthorities and all other partners in the Indian aviation ecosystem for their support in helping restore normalcy.”

Entrepreneur Staff

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