InterGlobe Aviation Limited (IndiGo) is an India-based company that is engaged in the airline business. Incorporated in 2006 InterGlobe Aviation Limited is one of India's leading airline. It became a public company with the name Interglobe Aviation Limited in 2006. The company launched its domestic operations in 2007 and crossed the one million passenger mark in 2009.
Operating under the IndiGo brand, the company has emerged as India's largest passenger airline and a dominant force in the country's aviation sector. Interglobe Aviation Ltd (Indigo) is India's largest passenger airline operating as a low-cost carrier. Serving 86 destinations including 24 international destinations, it provides passengers with a simple, unbundled product, fulfilling its singular brand promise of providing "low fares, on-time flights, and a courteous and hassle-free service" to its customers.
InterGlobe Aviation operates one of the most extensive domestic and international networks in India. IndiGo is engaged in air transportation and pre-flight and post flight ground handling operations, which includes passenger and cargo services and providing related allied services, such as in-flight sales, business of ground handling and other allied services at the airports. IndiGo provides scheduled and charter air services, for both passengers and cargo.
The airline has built a formidable market presence with significant scale advantages. As of FY24, IndiGo has a market share of ~62% in the Indian aviation segment, with the share growing consistently since 2007. It has a market share of ~18% in the international passenger segment. It has become the 7th largest airline in the world measured by daily departures and the first Indian airline with a large fleet of 300+ aircraft.
IndiGo has a fleet of approximately 316 aircraft and provided scheduled services to 78 domestic and 22 international destinations. The company has systematically expanded its fleet size over the years, with as of March 31, IndiGo had a fleet of 434 aircraft including 40 A320 CEOs (14 damp lease), 195 A320 NEOs, 135 A321 NEOs, 48 ATRs, 3 A321 freighters, 3 B777 (damp lease), 9 B737 (damp lease) and 1 B787 (damp lease).
The airline operates from its primary hub at Indira Gandhi International Airport in Delhi and has established a comprehensive network across India and internationally. Under the name Indigo, Interglobe Aviation Ltd operated 1500 flights daily across 101 locations—74 in India and 26 abroad—as of July 2022.
InterGlobe Aviation has demonstrated strong financial performance, particularly in recent quarters. Interglobe Aviation Ltd has a market capitalisation of Rs 2,24,626 crore. The company's stock is listed on both major Indian exchanges - The company is listed on the Bombay Stock Exchange with the code 539448 and on the National Stock Exchange with the symbol INDIGO.
The airline reported exceptional financial results for the fourth quarter of FY25. IndiGo airline's operator, Interglobe Aviation, on Wednesday reported a 62 per cent rise in consolidated net profit for the fourth quarter (Q4) of financial year 2024-25 (FY25) at ₹3,067.5 crore from ₹1,894.8 crore reported during the same period last year. Consolidated revenue from operations for the budget airlines grew by 24 per cent year-on-year (Y-o-Y) to ₹22,151.9 crore from ₹17,825.3 crore.
The company's operational efficiency showed significant improvement with IndiGo's earnings before interest, tax, depreciation, amortisation and rent (Ebitdar) also rose sharply to ₹6,948.2 crore from ₹4,412.3 crore a year ago, with margins expanding to 31.4 per cent from 24.8 per cent.
For the full financial year 2025, IndiGo logged in a 11 per cent drop in net profit for the financial year that ended on March 31, 2025. Net profit for the entire year fell to ₹7,258.4 crore compared to ₹8,172.5 crore reported at the end of FY24. However, revenue from operations for FY25, meanwhile, rose 17 per cent to ₹80,802.9 crore.
Key operational metrics for Q4 FY25 include:
- IndiGo carried 27.77 million passengers during the quarter, commanding a dominant market share of 64.3 per cent, up from 60.3 per cent and 23.59 million passengers in the same quarter last year.
- The airline operated a peak of 2,304 daily flights during the quarter, including non-scheduled services.
- The airline, which currently has a little over 64 per cent domestic market share, carried 118 million passengers in 2024-25.
Promoter holding in Interglobe Aviation Ltd has gone down to 49.27 per cent as of Mar 2025 from 55.29 per cent as of Jun 2024. This change in promoter holding reflects the evolving ownership structure of the company.
The company recently announced leadership changes with IndiGo announced the appointment of Vikram Singh Mehta as the Chairman of the Board. Mehta has been a Member of the Board of InterGlobe Aviation (IndiGo) since May 2022. He succeeds Dr. Venkataramani Sumantran, who stepped down from the post after completion of his five-year term as a Board Member.
IndiGo announced that Moody's Investor Services, Inc (Moody's) in its debut assessment has assigned IndiGo a long-term investment grade credit rating of Baa3 with a stable outlook at par with India's sovereign credit rating. This marks a significant financial milestone for IndiGo, as it becomes one of the select few global airlines and select few corporates in India to receive an investment-grade credit rating.
Moody's highlighted several key strengths that contributed to this outcome, including India's strong economic growth outlook, IndiGo's solid market presence, strong financial metrics, industry-leading cost structure, sound liquidity position, and a substantial aircraft pending order book.
The company continues to expand its route network and enhance service offerings. The airline's strategic expansion into international markets, including new routes to Amsterdam and Manchester, reflects its commitment to capturing growth opportunities while maintaining operational resilience with a young fleet and high load factors.
IndiGo has also been focusing on ancillary revenue growth through enhanced customer experience initiatives, such as improved meal offerings and loyalty programs, aim to boost ancillary revenue, particularly in cargo operations.
The company has announced dividend distribution for shareholders with InterGlobe Aviation announced that the Board of Directors of the Company at its meeting held on 21 May 2025, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%), subject to the approval of the shareholders.
With its strong market position, expanding fleet, comprehensive route network, and solid financial performance, InterGlobe Aviation continues to be a significant player in India's rapidly growing aviation sector, positioning itself to capitalize on the country's increasing air travel demand.
