IndiGo Q4 Results: Investors Cheer ₹10 Dividend Amid Soaring Profits and Global Expansion Plans

New Delhi, May 22, 2025 — IndiGo’s latest earnings report has sparked positive investor sentiment as the airline announced a ₹10 per share dividend its first major payout in years after posting a strong 62% YoY jump in profit for the March quarter.

The move signals renewed confidence in India’s aviation sector and IndiGo’s post-COVID financial resilience, marking a shift from survival to shareholder reward.

IndiGo Q4 Results Show Strong Growth, Encouraging Dividend Announcement

InterGlobe Aviation, which operates IndiGo, reported a consolidated profit of ₹3,067.5 crore in Q4FY25, up from ₹1,894.8 crore a year earlier. Excluding forex impacts, net profit rose 44.7% YoY to ₹2,981.1 crore. This surge comes amid improved operational efficiency and higher ticket sales.

Total revenue from operations stood at ₹22,151.9 crore, reflecting a 24.3% increase YoY, driven by a 21% increase in capacity and a 19.6% rise in passenger traffic.

Investor Focus: Dividend of ₹10 per Share Rewards Long-Term Holders

For the first time since the COVID-19 pandemic severely hit the airline industry, IndiGo announced a final dividend of ₹10 per equity share. The record date is set for August 13, 2025, subject to approval at the upcoming Annual General Meeting.

“The trust and continued support of our shareholders during the challenging COVID period and beyond can now be rewarded,” said CEO Pieter Elbers in the earnings call.

This payout has been well-received by investors, especially after rating agencies upgraded IndiGo to investment-grade, citing its strong cash position of ₹48,170.5 crore and consistent profitability.

IndiGo’s Operational Metrics Reflect Aviation Sector Revival

• Passenger revenue increased to ₹19,567.3 crore, up 25.4% YoY.

• Ancillary revenue touched ₹2,152.5 crore, up 25.2%.

• EBITDAR surged to ₹6,948.2 crore from ₹4,412.3 crore, showing a 57.5% YoY growth.

• EBITDAR margin stood at 31.4%, compared to 24.8% in Q4FY24.

• Load factor improved to 87.4%, indicating strong demand.

Looking Ahead: IndiGo Eyes Global Markets Amid Domestic Strength

With a robust domestic base and rising demand, IndiGo is now targeting global expansion, especially European routes. Elbers emphasized that “cost leadership and internationalisation” will remain key focus areas going forward.

The airline continues to face high capital lease liabilities (₹47,980.1 crore), but the management stated that they are well-positioned to balance debt with free cash flows and expanding revenues.

Confidence Returns to India's Aviation Sector

IndiGo’s Q4 performance marks a turning point not just for the company but for the broader aviation industry. With capacity, profitability, and investor rewards on the rise, market analysts see IndiGo as a key player in India's post-pandemic economic rebound.

For shareholders, the ₹10 dividend isn’t just a payout  it’s a signal of recovery and long-term faith in India’s skies.