IndiGo's parent company, InterGlobe Aviation, reported a significant net loss of ₹2,536 crore for the fourth quarter of the 2025-26 financial year, primarily attributed to a non-cash foreign exchange loss of nearly ₹4,880 crore and operational disruptions due to the conflict in West Asia. Despite these challenges, analysts remain bullish, emphasizing strong domestic demand and effective cost management strategies. The airline's revenue was ₹22,438 crore, with a passenger load factor of 85.8% and stable yields at ₹5.2 per kilometer. Analysts from Motilal Oswal Financial Services and Elara Capital have reiterated 'Buy' ratings, forecasting a recovery supported by a projected mid-teen growth in passenger revenue per available seat kilometer (PRASK) in the upcoming quarter. IndiGo's management is also recalibrating its fleet strategy, focusing on reducing lease-related costs and increasing asset ownership, with plans to invest $820 million in aviation assets. Following a 25% stock price correction over the past six months, brokerages see potential for upside, with target prices ranging from ₹5,200 to ₹6,020.