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IndiGo Q1 FY27 Results: Revenue Up 20%, Reports Net Loss

Passenger demand and capacity expansion drove double-digit revenue growth, while the airline sharply reduced losses from the previous quarter despite remaining in the red.

Revati Krishna
Published: 23 Jul 2026, 07:00 PM IST (1 day ago)
Last Updated: 23 Jul 2026, 07:14 PM IST (1 day ago)
3 min read
Quick Summary

IndiGo Q1 Results FY2027: IndiGo reported a strong Q1 FY27 with revenue from operations rising 19.94% YoY to ₹24,584.10 crore. The airline posted a net loss of ₹238 crore, although losses narrowed from the previous quarter as operating performance improved on higher passenger demand.

IndiGo Q1 Results FY2027: InterGlobe Aviation (IndiGo) reported healthy revenue growth in the first quarter of FY27, driven by robust passenger demand and capacity expansion. 

Revenue from Operations increased 19.94% year-on-year to ₹24,584.10 crore. However, the airline reported a net loss of ₹238.00 crore, compared with a net profit in the same quarter last year.

IndiGo Q1 FY2027 Results Highlights

  • Revenue from Operations stood at ₹24,584.10 crore in Q1 FY27, registering 19.94% YoY growth from ₹20,496.30 crore in Q1 FY26. Compared with ₹22,438.40 crore in Q4 FY26, revenue increased 9.56%. 

  • Total Revenue came in at ₹25,614.10 crore, up 18.90% YoY from ₹21,542.60 crore and 7.48% from ₹23,830.70 crore in Q4 FY26. 

  • EBITDA (excluding Other Income) stood at ₹3,267.10 crore, compared with ₹5,226.50 crore in Q1 FY26, reflecting a 37.49% decline YoY. Compared with ₹810.00 crore in Q4 FY26, EBITDA surged 303.35%. 

  • EBITDA Margin stood at 13.29%, compared with 25.50% in Q1 FY26 and 3.61% in Q4 FY26, contracting by 1,221 basis points YoY while expanding by 968 basis points. 

  • Profit After Tax (PAT) stood at a loss of ₹238.00 crore, compared with a profit of ₹2,176.30 crore in Q1 FY26. Compared with the loss of ₹2,536.90 crore in Q4 FY26, net loss narrowed 90.62%. 

  • PAT Margin stood at -0.97%, compared with 10.62% in Q1 FY26 and -11.31% in Q4 FY26. 

Metric

Q1 FY27

Q4 FY26

QoQ %

Q1 FY26

YoY %

Revenue from Operations (₹ Cr)

24,584.10

22,438.40

9.56%

20,496.30

19.94%

Total Revenue (₹ Cr)

25,614.10

23,830.70

7.48%

21,542.60

18.90%

EBITDA (Ex. Other Income) (₹ Cr)

3,267.10

810.00

303.35%

5,226.50

-37.49%

EBITDA Margin

13.29%

3.61%

+968 bps

25.50%

-1,221 bps

PAT (₹ Cr)

(238.00)

(2,536.90)

Loss Reduced

2,176.30

Turned Loss

PAT Margin

-0.97%

-11.31%

+1,034 bps

10.62%

-1,159 bps

EPS (₹)

(6.15)

(65.62)

Loss Reduced

56.31

Turned Negative

Source: InterGlobe Aviation Q1 FY27 Financial Results.

Read this also: Meesho Q1 FY27 Results

IndiGo Share Price Today

 As of 23 July, 3:30 PM

IndiGo share price closed at 5030.00 (-1.70%) on 22 July 2026. The stock is down 1.58% year-to-date and 14.70% in one year from 23 July 2025 to 23 July 2026

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