Interglobe Aviation Ltd

The Board of Interglobe Aviation at its meeting held on 24 April 2025 has approved the appointment of Michael G. Whitaker (DIN:02846728) as an Independent Director. The Board has taken note of completion of tenure of Dr. V. Sumantran (DIN: 02153989) as an Independent Director effective 28 May 2025. Powered by Capital Market - Live

InterGlobe Aviation has granted 50,141 performance stock options under InterGlobe Aviation Limited - Employees Stock Option Scheme 2023 (Scheme) effective 01 April 2025. Powered by Capital Market - Live

The Board of InterGlobe Aviation at its meeting held on 12 March 2025 has approved an investment of upto Rs 394 crore (USD 45 million approximately), in one or more tranches, in the equity shares of InterGlobe Aviation Financial Services IFSC, a wholly owned subsidiary of the Company.Powered by Capital Market - Live

InterGlobe Aviation has allotted 15,170 equity shares under ESOP on 07 February 2025. With this allotment, the paid up equity share capital has increased to 38,64,22,719 equity shares of Rs 10 each. Powered by Capital Market - Live

Revenue from operations jumped 13.7% to Rs 22,110.70 crore in Q3 FY25 compared with Rs 19,452.15 crore in Q3 FY24. Profit before tax (PBT) fell 15.7% YoY to Rs 2,527.10 crore during the quarter compared with Rs 2,998.51 crore posted in corresponding quarter last year. The company reported a 26.1% growth in profit, excluding foreign exchange, to Rs 3,846.1 crore in Q3 FY25, up from Rs 3,049 crore in Q3 FY24. This growth was driven by strong demand for air travel, continued growth, and lower fuel cost EBITDAR stood at Rs 6,058.7 crore during the quarter, up 10.7% compared with Rs 5,475.1 crore posted in corresponding quarter last year. EBITDAR margin was 27.4% in Q3 FY25 against 28.1% in Q3 FY24. EBITDAR excluding foreign exchange jumped 34.9% YoY to Rs 7,456 crore in Q3 FY25. Cost of available seat kilometer (CASK) has increased by 6.8% to Rs 4.83 in Q3 FY25 compared with Rs 4.52 in Q3 FY24. Revenue per available seat kilometer (RASK) rose 1.9% to Rs 5.44 in Q3 FY25 compared with 5.34 in Q3 FY24. Passenger revenue per available seat kilometer (PRASK) increased 0.3% to Rs 4.72 in Q3 FY25. Available seat-kilometer (ASK) increased 12% to 40.8 billion in Q3 FY25 as compared with 36.5 billion in Q3 FY24. The company projects a 20% growth in ASKs for the fourth quarter of fiscal year 2025, relative to the fourth quarter of fiscal year 2024. The capitalized operating lease liability was Rs 49,593.7 crore. The total debt (including the capitalized operating lease liability) was Rs 65,138.5 crore. The airline company operated at a peak of 2,200 daily flights during the quarter including non-scheduled flights. During the quarter, provided scheduled services to 89 domestic destinations and 34 international destinations. As on 31st December 2024, the airline company had a total cash balance of Rs 43,780.8 crore comprising Rs 28,903.5 crore of free cash and Rs 14877.3 crore of restricted cash. Pieter Elbers, CEO, Interglobe Aviation, said, 'We delivered a strong third quarter of financial year 2025, both operationally and financially. We reported a total income of Rs 23,000 crore, reflecting a growth of 15 percent and profit excluding the impact of currency movement of Rs 3,850 crore. Including currency impact, we reported a profit of Rs 2,450 crore highlighting effective execution of our clear and well-defined strategy. These results were driven by robust demand in the market and our ability to cater to that demand supported by lower fuel prices. We touched new milestones as we operated a peak of 2,200 daily flights and served a record 31.1 million passengers during the quarter. We will continue the growth path to offer our customers with options to conveniently fly to the destination of their choice.' InterGlobe Aviation (IndiGo) is amongst the fastest growing low-cost carriers in the world. IndiGo has a simple philosophy: offer fares that are low, flights that are on time, and a courteous, hassle-free travel experience. It had a fleet of 437 aircraft as of 31st December 2024. The counter rose 0.60% to end at Rs 4,162.80 on Friday, 24 January 2025. Powered by Capital Market - Live

Net profit of Interglobe Aviation declined 18.32% to Rs 2448.80 crore in the quarter ended December 2024 as against Rs 2998.12 crore during the previous quarter ended December 2023. Sales rose 13.67% to Rs 22110.70 crore in the quarter ended December 2024 as against Rs 19452.15 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales22110.7019452.15 14 OPM %23.4226.47 - PBDT4752.604664.24 2 PBT2527.102998.51 -16 NP2448.802998.12 -18 Powered by Capital Market - Live

InterGlobe Aviation will hold a meeting of the Board of Directors of the Company on 24 January 2025.Powered by Capital Market - Live

InterGlobe Aviation has allotted 16,500 equity shares under ESOP on 06 January 2024. With this allotment, the paid up equity share capital has increasd to 38,64,06,849 equity shares of Rs 10 each. Powered by Capital Market - Live

The brokerage anticipates robust demand growth for air travel throughout FY28. This expectation is fueled by several factors, including ongoing capacity expansions at major airports across India, which are expected to significantly increase passenger traffic. Further, the anticipated return of the Pratt & Whitney (P&W) aircraft to IndiGo's fleet is expected to significantly enhance operational efficiency and capacity utilization. This is crucial for IndiGo to maintain its competitive edge in the market, particularly as other airlines may face constraints in aggressively expanding their capacity. To reflect these positive factors, the brokerage has revised its earnings per share (EPS) estimates upwards for FY25, FY26, and FY27. However, the brokerage also acknowledged certain key risks that could potentially impact the company's performance. A sharp increase in crude oil prices above $90 per barrel could significantly impact fuel costs and erode profitability. Additionally, any unforeseen delays in the return to service of the Aircraft on Ground (AOG) fleet could disrupt operations and negatively impact revenue. InterGlobe Aviation in the low cost carrier (LCC) segment of the airline industry in India. The principal activities of the company comprises of air transportation which includes passenger and cargo services and providing related allied services including in-flight sales. The airliner reported consolidated net loss of Rs 986.7 crore in Q2 FY25 as against net profit of Rs 188.9 crore in Q2 FY24. Revenue from operations jumped 13.55% year on year (YoY) to Rs 16,969.6 crore in Q2 September 2024. Powered by Capital Market - Live

InterGlobe Aviation has allotted 5,000 equity shares under ESOP on 02 December 2024. Powered by Capital Market - Live