Slide 1: Exchange filing cover letter for financial results
November 4, 2025 IGAL/SECT/11-25/1 To To National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Tower Bandra Kurla Complex, Bandra - (E), Dalal Street Mumbai - 400 051 Mumbai - 400 001 Symbol: INDIGO Scrip Code: 539448 Subject: Compliances under Regulati
Slide 2: InterGlobe Aviation Ltd Earnings Presentation Q2 FY26
InterGlobe Aviation Ltd Earnings Presentation Q2 FY26 November 4, 2025 1
Slide 3: Safe Harbor
Safe Harbor This document may contain some statements on the Company’s business or financials which may be construed as forward looking. The actual results may be materially different from these forward- looking statements. This document forms part of the quarterly earnings release and should be vie
Slide 4: IndiGo – Network presence
Manchester Amsterdam Q2’26 (change vs Q2’25) IndiGo – Network presence ASKs 41.2 bn +7.8% RPKs 34.0 bn +7.7% Almaty Closing Aircraft 417^ +7 Domestic Destinations 94 +6 Baku Tashkent Tbilisi Istanbul International Destinations** 41* +9 Delhi Kathmandu Bikaner Guangzhou Kuwait Kishangarh Hong Kong Da
Slide 5: Fleet Breakup
Fleet Breakup 30th Sep 2025 30th Jun, 2025 30th Sept 2024 417 416 410 14 Owned 8 Owned 3 Owned 62 Finance Lease 61 Finance Lease 37 Finance Lease 333 Operating Lease 336 Operating Lease 345 Operating Lease 8 Damp lease 11 Damp lease 25 Damp lease Owned / Leased Owned / Leased
Slide 6: Quarterly Highlights: Q2 FY26 vs Q2 FY25
QUARTERLY HIGHLIGHTS : Q2 FY26 vs Q2 FY25 5
Slide 7: Financial Summary
Financial Summary Quarter Ended Particulars (in INR million) Favorable/ Sep’25 Sep’24 (Adverse) ASK (billion) 41.2 38.2 7.8% Total income 195,995 177,590 10.4% RASK* (INR) 4.55 4.45 2.3% Total expenses 220,812 186,661 (18.3%) CASK* (INR) 5.16 4.69 (10.0%) CASK ex fuel* (INR) 3.71 2.96 (25.4%) EBITDA
Slide 8: Revenue breakup
Revenue breakup Quarter Ended Particulars (in INR million) Favorable/ Sep’25 Sep’24 (Adverse) Revenue from operations 185,553 169,696 9.3% Other income 10,442 7,894 32.3% Total income 195,995 177,590 10.4% ASK (billion) 41.2 38.2 7.8% RPK (billion) 34.0 31.6 7.7% Load factor (%) 82.5% 82.6% (0.1 pts
Slide 9: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Particulars (in INR million) Sep’25 Sep’24 Total revenue 195,995 177,590 Less: finance income 8,294 7,501 Total revenue less finance income (A) 187,701 170,089 ASK (millions) (B) 41,220 38,224 RASK (INR) (C=A/B) 4.55 4.45 8
Slide 10: Cost breakup
Cost breakup Quarter Ended Particulars (in INR million) Favorable/ Sep’25 Sep’24 (Adverse) Aircraft fuel expenses 59,618 66,052 9.7% Aircraft and engine rentals 3,200 7,636 58.1% Supplementary rentals and aircraft repair 32,630 27,446 (18.9%) and maintenance (net) Airport fees and charges 15,155 13,
Slide 11: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Particulars (in INR million) Sep’25 Sep’24 Total expenses 220,812 186,661 Less: finance income 8,294 7,501 Total expense less finance income (A) 212,518 179,160 ASK (millions) (B) 41,220 38,224 CASK (INR) (C=A/B) 5.16 4.69 Fuel cost/ ASK (INR) (D) 1.45 1.73 CAS
Slide 12: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Particulars (in INR million) Sep’25 Sep’24 PBT (24,817) (9,071) Finance cost 14,649 12,401 Less: Finance income 8,294 7,501 Depreciation & amortization 26,405 20,875 Aircraft and engine rentals 3,200 7,636 EBITDAR (A) 11,143 24,340 Forex* 26,860 2,328 EBITDA
Slide 13: Cash and Debt
Cash and Debt Cash Debt 535,152 748,138 +36.0% +26.3% 592,369 149,985 251,624 393,419 +0.1% +119.6% 114,575 149,822 385,167 477,794 496,514 +58.1% +3.9% 243,597 Sep/24 Sep/25 Sep/24 Sep/25 Free Cash Restricted Cash Total Cash Capitalized operating Debt excluding capitalized Total Debt lease liabilit
Slide 14: Financial performance indicators – Q2 FY26
Financial performance indicators – Q2 FY26 Total revenue (INR mn) Total expenses (INR mn) 220,812 195,995 186,661 177,590 155,029 144,356 153,138 128,523 Q2FY23 Q2FY24 Q2FY25 Q2FY26 Q2FY23 Q2FY24 Q2FY25 Q2FY26 EBITDAR (INR mn) PAT (INR mn) 24,465 24,340 1,889 11,143 (9,867) (15,833) 2,292 (25,821) Q
Slide 15: Definitions and Abbreviations
Definitions and Abbreviations Term Description ASK Available Seat Kilometer CASK Total Cost net of finance income per Available Seat Kilometer CASK ex fuel Total Cost excluding fuel cost net of finance income per Available Seat Kilometer CASK ex fuel ex forex Total Cost excluding forex and fuel cost