IndiGo reported its financial results for the third quarter of FY26, posting year-on-year growth in revenue, while profitability declined sharply compared with the same period last year. The quarter also included a significant exceptional loss.
Revenue for Q3 FY26 stood at Rs 23,471.90 crore, compared with Rs 22,110.70 crore in Q3 FY25. On a sequential basis, revenue rose 26.50% quarter-on-quarter, as per the figures shared.
Profit before tax (excluding exceptional items) came in at Rs 2,108.70 crore in Q3 FY26, down from Rs 2,527.10 crore reported in the year-ago quarter, translating into a 16.56% year-on-year decline. The company had reported a loss at the PBT level in Q2 FY26.
Profit after tax for the quarter stood at Rs 549.80 crore, sharply lower than Rs 2,448.80 crore in Q3 FY25, marking a 77.55% year-on-year decline. The company had reported a loss in the previous quarter at the PAT level.
During the quarter, IndiGo reported an exceptional loss of Rs 1,546.50 crore, which impacted reported profitability for Q3 FY26.
Q3 FY26 financial performance comparison
| Particulars | Q3 FY26 (Rs crore) | YoY change (%) | QoQ change (%) |
|---|---|---|---|
| Revenue | 23,471.90 | 6.16% | 26.50% |
| PBT (ex-exceptional items) | 2,108.70 | -16.56% | Loss in Q2 FY26 |
| PAT | 549.80 | -77.55% | Loss in Q2 FY26 |
| Exceptional items | (1,546.50) | — | — |
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