IndiGo Q1 FY25 results: Net profit declines 11.7% on higher expenses

IndiGo reported a decline in net profit by 11.7% for Q1 FY25, totaling ₹2,116 crore, primarily due to increased operating expenses. The airline's revenue grew by 19% to ₹19,297 crore compared to the previous year. Despite higher revenues, costs related to fuel and maintenance, as well as increased staff wages, impacted profitability. IndiGo's management remains optimistic about the long-term outlook, citing strong demand for travel and planned expansions. The company continues to focus on operational efficiency and fleet expansion to sustain growth.