Fri Jan 23 08:55:05 UTC 2026: Headline: IndiGo’s Parent Company, InterGlobe Aviation, Sees Shares Plummet Following Profit Decline
The Story:
Shares of InterGlobe Aviation, the parent company of IndiGo, experienced a significant drop on the stock market on Friday, January 23, 2026. The decline, nearing 4 percent, followed the release of the airline’s financial report for the December quarter. The report revealed a substantial 78 percent decrease in net profit, amounting to Rs 549.1 crore.
Key Points:
* InterGlobe Aviation shares fell by almost 4 percent on Friday, January 23, 2026.
* The decline was triggered by the release of the December quarter financial report.
* IndiGo reported a 78 percent drop in net profit for the quarter.
* The net profit for the quarter stood at Rs 549.1 crore.
Key Takeaways:
* IndiGo’s profitability has taken a significant hit in the December quarter.
* Investor confidence in InterGlobe Aviation has been shaken, as evidenced by the share price decline.
* This profit decrease could potentially impact IndiGo’s future strategies, investment plans, and overall market position.
First Piper 