IndiGo’s parent InterGlobe Aviation’s share price will remain in focus after brokerage firm Nuvama reiterated its bullish outlook on the airline, citing strong long-term growth prospects and a robust expansion pipeline. The firm has maintained its ‘buy’ rating on the stock and raised its target price, implying an upside of over 17 per cent from current levels. Optimism sprouted from IndiGo’s industry-leading order book, aggressive international expansion plans, and expectations of sustained growth in India’s aviation market driven by rising passenger demand.
For the full financial year 2025-26, the domestic carrier posted a net loss of Rs 2,393.6 crore, but excluding the impact of foreign exchange and exceptional items, it would have been a profit of Rs 7,502.5 crore, it said in a release.
Total income in the fourth quarter of the 2025-26 fiscal rose over 3 per cent to Rs 23,830.7 crore from Rs 23,097.5 crore in the same period a year ago, according to a release. Despite continuing external disruptions in 2025-26, IndiGo said its capacity rose 9.5 per cent on an annual basis, and the total income grew 6.4 per cent to Rs 89,513.4 crore.
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