2 months, 2 weeks ago

IndiGo Q3 results tomorrow: What to expect and look forward to in Interglobe Aviation earnings report

InterGlobe Aviation Ltd, the operator of IndiGo, the country's largest carrier, will declare its Q3-FY25 results on Friday, January 24. The airline closed the quarter with 273.25 lakh domestic passengers and a market share of 63.8 per cent, both being highest ever in its history. For context, Q3-FY24 had seen 243.1 lakh passengers and a market share of 62.1 per cent. Its December market share stood at 64.4 per cent, a very strong footprint and came at the cost of Tata Group, which, despite the completion of mergers in the previous month, saw a shrinking of the market share. There could be some grand announcements coming out in the post results call by the top management, which includes announcing international routes, part of the seven new international destinations which the airline had announced it would start by March 2025, along with announcements of widebody plans, much earlier than its 2027 induction of A350s.

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