InterGlobe Aviation – Artifex.News https://artifex.news Stay Connected. Stay Informed. Thu, 22 Jan 2026 11:12:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png InterGlobe Aviation – Artifex.News https://artifex.news 32 32 IndiGo Q3 profit plunges 78% to ₹549.1 crore https://artifex.news/article70537501-ece/ Thu, 22 Jan 2026 11:12:00 +0000 https://artifex.news/article70537501-ece/ Read More “IndiGo Q3 profit plunges 78% to ₹549.1 crore” »

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IndiGo had a profit of ₹2,448.8 crore in the year-ago period, according to a regulatory filing. File
| Photo Credit: Reuters

IndiGo, which faced massive flight disruptions last month, on Thursday (January 22, 2026) reported a 78% decline in profit at ₹549.1 crore for the three months ended December 2025.

The country’s largest airline had a profit of ₹2,448.8 crore in the year-ago period, according to a regulatory filing.

In the third quarter of the current financial year, InterGlobe Aviation, the parent of IndiGo, recorded a total income of ₹24,540.6 crore, higher than ₹22,992.8 crore posted in the year-ago period.

In early December, IndiGo faced massive operational disruptions, and subsequently, the Directorate General of Civil Aviation (DGCA) curtailed the airline’s winter schedule by 10% until February 10.

Published – January 22, 2026 04:42 pm IST



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]]> Rakesh Gangwal likely to sell shares in IndiGo https://artifex.news/article67927925-ece/ Fri, 08 Mar 2024 05:49:20 +0000 https://artifex.news/article67927925-ece/ Read More “Rakesh Gangwal likely to sell shares in IndiGo” »

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InterGlobe Aviation’s (IndiGo) promoter Rakesh Gangwal. File

“InterGlobe Aviation’s promoter Rakesh Gangwal is likely to sell more than a 3% stake in the company through open market transactions,” according to sources. The company is the parent of the country’s largest airline IndiGo.

As of December 2023, promoters’ of InterGlobe Aviation owned a 63.13% stake in the company and Mr. Gangwal had an 11.72% shareholding.

The Chinkerpoo Family Trust, whose trustee is Shobha Gangwal and JP Morgan Trust Company of Delaware, owned a 13.49% stake, as per the shareholding data on the BSE. Shobha Gangwal is the wife of Rakesh Gangwal, the co-founder of the company.

As per the sources, shares amounting to more than 3% stake are likely to be sold at a discount to Thursday’s (March 7) closing price of ₹3,101.55 per share. The scrip closed with a gain of 1% after touching an intra-day high of ₹3,128.95.

Amid differences with co-founder Rahul Bhatia, Mr. Gangwal, in February 2022, resigned from the board of directors of InterGlobe Aviation and also said that he would gradually reduce his equity stake in the airline over the next five years.



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