Monday, September 7, 2026

IndiGo clears ₹7,294 crore investment in InterGlobe Aviation Fin Services IFSC

Date:

The board of InterGlobe Aviation Limited, parent company of IndiGo announced on Friday, November 21, that it has approved a capital investment of ₹7,294 crore in its wholly owned subsidiary, InterGlobe Aviation Financial Services IFSC Private Limited (IndiGo IFSC), in one or more tranches.In a letter to the exchanges as required under SEBI regulations, the company clarified that the investment will be made through a combinafion of equity shares (₹6,849.2 crore) and 0.01% Non-Cumulafive Opfionally Converfible Redeemable Preference Shares (₹444.8 crore).

The funds are proposed to be infused during FY 2025-26 in multiple tranches and will be primarily utilised by IndiGo IFSC for for acquisition of aviation assets, “thereby enabling ownership of aircraft,” rather than relying mostly on operating leases.

Incorporated in October 2023, IndiGo IFSC is engaged in aircraft and aircraft engine leasing services along with providing related financial services. It reported a turnover of ₹289.9 crore in FY25, net profit of ₹11.1 crores and the company had a net worth of ₹413 crores as of March 31, 2025.Earlier this month, InterGlobe Aviation Ltd, reported a net loss of ₹2,582 crore for the quarter ended September 2025, compared with a loss of ₹988.8 crore in the same period last year. Its revenue grew 9.3% year-on-year to ₹18,555 crore from ₹16,969 crore in the corresponding quarter of the previous year.

Nevertheless, the company’s EBITDA rose 85% year-on-year to ₹3,472 crore against ₹1,873 crore a year ago. EBITDA margin stood at 18.7%, up from 11% in the same quarter last year.

As of 11:30 am, the company’s stock was trading at ₹5,813/share,27.50 or

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

DGFT rolls out API facility to cut errors, repetitive data entry for exporters

In a move aimed to expedite the application process,...

China to pump $54 billion into state banks, insurers in capital-boosting push

China's finance ministry will lead a combined $54 billion...

India, Belgium turn defence ties into government pact, eye co-production of tanks, drones, rockets

India and Belgium have formalised their defence engagements from...

Are we moving towards a Bond market crisis? Here’s what Scope Ratings thinks

Over the last week, one of the biggest focal...