- media@moneyinfocus.news
Indian airline IndiGo reported a consolidated net loss of about US$251 million for the fiscal year ended March 2026, reversing a profit of roughly US$761 million recorded in the previous fiscal year, despite continued revenue growth and a strong liquidity position.
For the fourth quarter of FY26, the airline posted a consolidated net loss of around US$266 million, compared with a net profit of US$322 million in the corresponding period a year earlier.
Total income for the March quarter increased 3.2% year over year to nearly US$2.50 billion. For the full fiscal year, total income rose 6.4% to about US$9.39 billion, while revenue from operations increased 5% to roughly US$8.91 billion.
At the end of FY26, IndiGo reported a total cash balance of about US$5.42 billion, including close to US$3.80 billion in free cash, underscoring the company’s liquidity despite reporting annual and quarterly losses.
The financial results come as the airline continues to strengthen its position in India’s domestic aviation market. IndiGo held a 63.3% share of the domestic market in March 2026, according to reported industry data, after its share had declined to 59.6% in December 2025 amid operational disruptions.
The carrier further increased its domestic market share to 65% in April 2026, benefiting from capacity reductions by competing airlines.
IndiGo remains India’s largest airline by market share and has continued expanding its network and fleet while navigating higher operating costs and operational challenges that weighed on profitability during FY26.
The results highlight the contrast between revenue growth and earnings, as higher income and a strong liquidity position were not sufficient to offset the factors that resulted in the company’s return to an annual net loss.
