IndiGo’s Q1 Ebitdar falls 33% as fuel costs surge 86%; carrier signs engine MoU
IndiGo reported Q1FY27 revenue growth of 20% to about ₹24,600 crore, but fuel costs jumped 86% to ₹10,833 crore, pulling Ebitdar down 33% to ₹3,800 crore. The airline expects flat Q2 capacity, is rebuilding West Asia flights and has signed a CFM engine supply and MRO-support MoU.
IndiGo reported a Q1FY27 loss as fuel costs surged 86%, though revenue and market share rose. The airline expects flat Q2 capacity, is restoring West Asia flights, and signed an engine supply and MRO-support MoU with CFM International.
Why this matters
The Q1 Ebitdar decline follows IndiGo’s reported ₹382 crore Q1 loss amid fuel-cost pressure, while brokerages retained Buy calls. It also adds to recent scrutiny after IndiGo opposed airport operators owning airlines.
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