Gloomy view for IndiGo as profit plunges in a quarter to forget
IndiGo scaled back its near-term growth expectations significantly after its October-December quarter earnings came under pressure from a combination of new labour codes, regulatory action, and severe operational disruptions in December.
India’s largest carrier reported a 78% year-on-year (y-o-y) drop in consolidated profit to ₹549 crore for the third quarter of fiscal year 2026 (FY26), its weakest performance in four years, even as its top management remained positive on normalisation of operations and visible headwinds.
