IndiGo profit dives 78% to Rs 549 cr in Q3 that saw Dec schedule collapse

NEW DELHI: IndiGo net profit fell 78% to Rs 549 crore in the tumultuous Dec quarter due to flight disruption and provisions for higher gratuity and leave encashment as mandated by the labour code.IndiGo CEO Pieter Elbers, who has been issued a warning by aviation regulator for the airline’s failure to plan for crew flying timing requirements, said the operational issues cost the carrier Rs 577 crore, while the impact of the labour code was around Rs 1,000 crore, with the rupee devaluation also having an impact. The airline had reported a profit of Rs 2,449 crore during Oct-Dec 2025.

Despite the large-scale disruptions in early Dec; fare caps being enforced for domestic flights since Dec 6 and the airline’s flights cut 10% for this winter schedule, the largest domestic carrier saw its total income rise 6.7% to Rs 24,541 crore in the third quarter of the current fiscal year.