New Delhi, May 14 -- Singapore Airlines on Thursday said its net profit fell sharply in FY2025/26 as losses from Air India weighed on earnings, even as the airline group posted record revenue and strong operating profit growth.

The Singapore Airlines (SIA) Group said its net profit declined 57.4 per cent year-on-year to 1.184 billion Singapore Dollars (USD 932 million), while operating profit rose 39 per cent to 2.375 billion Singapore Dollars (USD 1.87 billion). Revenue rose 5 per cent to a record 20.522 billion Singapore Dollar (USD 16.16 billion) during the financial year ended March 31, 2026, according to the airline's audited financial results release.

"The swing from a share of profits of associated companies last year to a loss t...