Interglobe Aviation Ltd's Q3FY25 Quarterly Results

Result Summary

• Interglobe Aviation Ltd reported a 29.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.6%.
• Its expenses for the quarter were up by 9.6% QoQ and 19.9% YoY.
• The net profit decreased 348.2% QoQ and decreased 18.3% YoY.
• The earnings per share (EPS) of Interglobe Aviation Ltd stood at 63.3 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Interglobe Aviation Ltd, commonly known as IndiGo, is a major player in the Indian aviation industry. As a leading airline, the company primarily offers domestic and international passenger flights. Known for its operational efficiency and cost-effective business model, IndiGo has established itself as a preferred choice for air travel in India. The airline operates a large fleet of aircraft and maintains a vast network of destinations. Recently, the aviation sector has been navigating challenges including fluctuating fuel prices and varying demand due to global macroeconomic factors. Specific recent developments for Interglobe Aviation Ltd are not available in the provided data.

Revenue

For the quarter ending Q3FY25, Interglobe Aviation Ltd reported a total income of ₹22,992.80 crores. This reflects a significant quarter-over-quarter increase of 29.5% from the previous quarter's total income of ₹17,759.00 crores. Additionally, the year-over-year growth in total income was 14.6% from Q3FY24, where the total income was ₹20,062.25 crores. This substantial growth over both periods highlights the company's ability to increase its revenue base. These figures underscore the impact of possible increased passenger load, expanded route offerings, or enhanced service capabilities during the quarter.

Profitability

In terms of profitability, Interglobe Aviation Ltd recorded a profit before tax of ₹2,527.10 crores in Q3FY25, showcasing a remarkable turnaround from a loss of ₹907.10 crores in Q2FY25. However, this marks a 15.7% decline compared to the profit before tax of ₹2,998.51 crores in Q3FY24. The profit after tax for Q3FY25 stood at ₹2,448.80 crores, again a significant improvement from the loss of ₹986.70 crores in Q2FY25. Compared to Q3FY24, this represents an 18.3% decrease. These figures reflect variations in profitability influenced by operating conditions, cost management, and demand fluctuations. The earnings per share followed similar trends, with a value of ₹63.30 in Q3FY25, improving from a negative in Q2FY25 but decreasing year-over-year.

Operating Metrics

Total expenses for Interglobe Aviation Ltd in Q3FY25 were ₹20,465.70 crores, marking a 9.6% increase from ₹18,666.10 crores in Q2FY25 and a 19.9% increase from ₹17,063.74 crores in Q3FY24. Such increases in expenses could be attributed to higher operational costs, fuel prices, or scaling of operations. The tax paid during Q3FY25 was ₹78.30 crores, slightly down by 1.6% from ₹79.60 crores in Q2FY25, but dramatically higher than ₹0.39 crores in Q3FY24, indicating a normalization of tax obligations after a low base effect. These operating metrics outline the financial dynamics affecting the company's operations, including cost pressures and tax liabilities within the period.