Share price of InterGlobe Aviation, parent of budget carrier IndiGo, hit an intra-day high of ₹5,508. The stock bounced back 41% from its 52-week low of ₹3,894.80 touched on March 23, 2026.
Higher fuel and leasing costs pushed IndiGo into a Q1 loss, but brokerages remain positive on the airline's long-term growth driven by strong demand and international expansion
IndiGo share price: Despite of a headline miss in Q1 earnings, analysts believe that IndiGo's structural story remains intact, prompting them to retain their ratings on the stock.
The airline has proposed a crisis management framework, fare safeguards and faster refunds to address concerns raised in the CCI's abuse-of-dominance investigation
Aircraft fuel expenses rose 85.7 per cent to ₹10,832.9 crore and accounted for 44.1 per cent of revenue, up from 28.5 per cent in the year-ago quarter
Q1 results updates: Firms including Coromandel International, Mphasis, Chennai Petroleum Corporation, and Motilal Oswal Financial Services are also to release their April-June earnings today
To mitigate the impact of higher aviation turbine fuel (ATF), IndiGo has raised airfares, but analysts believe it will not be enough to stem the Q1 profit fall.
Notably, aviation turbine fuel (ATF) accounts for about 40 per cent of airline operating expenses, making airlines highly sensitive to crude prices.
Q1FY27 aviation preview: Key monitorables, Elara Capital said, are the extent of impact on international operations and rise in fuel/non-fuel costs from lower aircraft utilisation & rupee weakening
Easing crude oil prices, strong demand and IndiGo's expansion plans are expected to boost earnings, while lower fuel costs could improve margins across the aviation sector
On Thursday, IndiGo stock rallied nearly 5% as crude oil prices dipped below US-Iran war levels. The airline stock logged its biggest monthly rally in March 2019.
IndiGo's FY26 results underlined that demand remains strong, despite a host of challenges spanning internal/external disruptions and cost escalations throughout the year, analysts say.
ATF typically accounts for about 40 per cent of airline operating expenses and can rise to as much as 60 per cent during periods of sharp volatility.
IndiGo, in its recently held analyst meet, reiterated its ambition to raise international capacity share to around 40 per cent by FY30 from the current 30 per cent, according to a note by Elara.
IndiGo airlines reported a ₹2,536 crore net loss in Q4FY26, but analysts remain positive on strong demand, fare growth, fleet expansion, cost savings and stock valuations
IndiGo, SpiceJet shares gained on Wednesday after govt approved ECLGS 5.0 to support airlines amid West Asia crisis. Analysts said fuel costs, traffic slowdown remain key risks for the aviation sector
Airline stocks have remained under pressure as crude oil prices extended gains amid escalating tensions in West Asia
Crude oil prices surged above $100 per barrel as escalating tensions in West Asia spooked investors
The Board of InterGlobe Aviation Limited (IndiGo) on Tuesday, March 31, 2026 appointed William Walsh as the Chief Executive Officer, subject to regulatory approvals.
IndiGo has appointed former Air India Express MD Aloke Singh as chief strategy officer from April 6, as the airline navigates leadership changes and expansion plans