India, Jan. 22 -- IndiGo, India's biggest airline operated by Interglobe Aviation Ltd, has reported a 78% decline in net profit, on account of a flights crisis that virtually grounded one of the fastest growing aviation markets in the world.

Consolidated net profit of the Mumbai-based airline fell 78% over the year-ago period to Rs.550 crore in the quarter ended 31 December 2025, on revenue that increased 6.15% year-on-year to Rs.23,472 crore, according to an exchange filing on Thursday (22 January 2026). Analysts polled by Bloomberg had estimated the bottomline at Rs.1,997 crore.

The decline in profit was on account of one-time exceptional costs as under:

On Thursday, IndiGo shares rose 1.15% to Rs.4913.80 apiece on the BSE even as th...