Q2 2025 Interglobe Aviation Ltd Earnings Call Transcript
Key Points
- InterGlobe Aviation Ltd (BOM:539448) reported a total income of INR178 billion, marking a 14.6% increase compared to the same period last year.
- The company has launched a new loyalty program, BluChip, which has already seen positive traction with a significant number of customers signing up.
- InterGlobe Aviation Ltd (BOM:539448) is expanding its international reach, with new destinations such as Jaffna and Mauritius added during the quarter.
- The company has revamped its website and app to enhance customer experience, offering a more user-friendly and interactive design.
- InterGlobe Aviation Ltd (BOM:539448) has partnered with aviation academies to support its growth plans and nurture the next generation of pilots, increasing its training capacity by 60%.
- The company reported a net loss of INR10 billion, compared to a profit of INR1.9 billion in the same period last year, primarily due to aircraft groundings and rising fuel costs.
- InterGlobe Aviation Ltd (BOM:539448) faced headwinds from aircraft groundings, with numbers peaking in the mid-70s, impacting financial performance.
- Increased fuel costs, driven by higher VAT in some states and oil marketing company charges, negatively impacted the company's financials.
- The company is experiencing competitive intensity in international markets, which could affect its market share and profitability.
- Operational challenges, such as a major system outage in October, affected bookings and operations, highlighting potential vulnerabilities in their IT infrastructure.
Good evening, ladies and gentlemen, and welcome to IndiGo's conference call to discuss the second quarter of fiscal year 2025 financial results. My name is Nirav, and I will be your coordinator. (Operator Instructions) As a reminder, today's conference call is being recorded.
I would now like to turn the conference over to your moderator, Ms. Richa Chhabra from the Investor Relations team of IndiGo. Thank you, and over to you.
Good evening, everyone, and thank you for joining us for the second quarter of fiscal year 2025 earnings call. We have with us our Chief Executive Officer, Peter Elbers; and our Chief Financial Officer, Gaurav Negi to discuss the financial performance and are available for the Q&A session.
Please note that today's discussion may contain certain statements on our business or financials, which may be construed as forward-looking. Our actual results may be materially different from these forward-looking statements.
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