IndiGo Shares Surge 5% Despite Q4 Loss; Analysts Remain Optimistic
IndiGo soars 5% after Q4 results. What Goldman Sachs, Jefferies and others are saying
Image: The Economic Times
Shares of InterGlobe Aviation, which operates IndiGo, rose 5% to ₹4,634 despite a Q4 FY26 net loss of ₹2,536 crore. Revenue increased by 1% year-on-year to ₹22,438 crore. Analysts from Goldman Sachs, Jefferies, and others maintain positive ratings, citing long-term growth potential amid current challenges.
- 01IndiGo reported a net loss of ₹2,536 crore for Q4 FY26, down from a profit of ₹3,067 crore a year prior.
- 02Revenue from operations increased by 1% YoY to ₹22,438 crore, with passenger traffic at 31.6 million, a 1.1% decline.
- 03Goldman Sachs and Jefferies both maintain 'Buy' ratings, with target prices of ₹5,200 and ₹5,380 respectively.
- 04Motilal Oswal expects a long-term recovery supported by India's growing aviation demand and fleet expansion.
- 05Elara Capital sees an attractive opportunity in IndiGo's stock despite recent challenges, highlighting a 17% YoY increase in domestic advance fares.
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Shares of InterGlobe Aviation, operator of budget carrier IndiGo, surged by 5% to reach ₹4,634 on the National Stock Exchange (NSE) despite reporting a net loss of ₹2,536 crore for the fourth quarter of FY26, compared to a profit of ₹3,067 crore in the same period last year. Revenue from operations saw a slight increase of 1% year-on-year, totaling ₹22,438 crore. The airline's operational performance was impacted by disruptions from the ongoing conflict in the Middle East, with passenger traffic declining by 1.1% to 31.6 million. Analysts from Goldman Sachs and Jefferies have maintained their positive outlook, with target prices suggesting potential upsides of 18% and 22%, respectively. Motilal Oswal remains optimistic about IndiGo's long-term growth strategy despite current challenges, while Elara Capital views the stock's recent decline as an attractive buying opportunity. They noted that domestic advance fares have risen by approximately 17% year-on-year, indicating strong demand in the aviation sector.
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The airline's financial performance and stock price movements could influence investor sentiment and market dynamics in the aviation sector.
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