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IndiGo shares decline nearly 4 pc after Q3 profit plunges to Rs 549 cr

IndiGo's parent company, InterGlobe Aviation, experienced a significant decline in shares, dropping nearly 4% following a 78% decrease in net profit to ₹549.1 crore for the December quarter. The airline faced operational challenges, including mass flight cancellations and rising costs, which have contributed to its financial struggles.

IndiGo shares decline nearly 4 pc after Q3 profit plunges to Rs 549 cr

Credit: Dailyexcelsior

Key Highlights

  • IndiGo's net profit fell 78% year-on-year to ₹549.1 crore for Q3FY26.
  • Shares of InterGlobe Aviation dropped nearly 4% after the profit announcement.
  • The airline faced severe operational disruptions and mass flight cancellations in early December.
  • Capacity growth continues, but the company expects near-term financial pressures.
  • IndiGo anticipates a slight moderation in unit passenger revenue for Q4FY26.
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Sources

  1. IndiGo to traverse near-term pain after a turbulent Q3
  2. IndiGo shares decline nearly 4 pc after Q3 profit plunges to Rs 549 cr

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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