Before the Market Open of 9th April USA, the Market cap of the World’s biggest Airline Delta Air Lines was $23.18 Billion and Indigo’s on the closing basis of 9th April was $23.16 Billion, However, Indigo touched a Market Cap high of $23.24 Billion on Intraday Basis just before the Market Close making them World’s Most Valuable Airline for a brief period. On 11th April Indiog’s Market Cap stood at exact 2 lakh Crore.
However, with the positive newsflow of Trump’s tariff, the Stock market of the USA jumped, with the S&P 500 surging 9.50 percent and the Nasdaq composite jumping over 12 percent. The Stock of Delta Air Lines jumped over 23 percent to reach the Market cap of $28.59 billion, and Indigo fell to the 3rd place, reaching $23.28 Billion.
The top 5 Airlines based on Market Capitalization are U.S.-based Delta Air Lines, IreLand-based Ryanair, India-based InterGlobe Aviation, United Airlines Holdings, and Southwest Airlines.
About the Company
Established in 2006 and headquartered in Gurgaon, Haryana. IndiGo, operated by InterGlobe Aviation Limited, is India’s largest passenger airline, renowned for its low-cost carrier model emphasizing affordable fares, punctual flights, and a courteous, hassle-free travel experience.
IndiGo operates over 2,200 Daily flights with 90+ Domestic destinations, 40+ International destinations with over 400+ planes in their fleet, and over 700 Million Happy Customers.
Financial Highlights
The company reported a 13.66 percent YoY Increase in revenue from Rs. 19,452 Crore in Q3FY24 to Rs. 22,111 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 30.29 percent in revenue from Rs. 16,970 Crore in the previous quarter.
Their Net profit saw a decrease of 18.54 percent YoY from Rs. 2,998 Crore to Rs. 2,442 Crore for the same period. On a QoQ basis, the company reported a loss of Rs.989 Crores in the previous quarter.
Written By Ashok Kumar