InterGlobe Aviation Limited has informed the Exchange about Credit Rating- Others

CRISIL Ratings has placed IndiGo's bank facilities (Rs 9,000 crore total) on 'Watch with Developing Implications' while maintaining the Long Term rating at CRISIL AA- and Short Term at CRISIL A1+. The rating watch reflects uncertainty from the ongoing Middle East conflict, which has led to cancellation of flights to/from the region accounting for ~17% of available seat kilometres, a 60-70% surge in crude oil prices over the past month, and rupee depreciation to Rs 93.5-94 per USD. These factors are expected to impact aviation turbine fuel costs (35-40% of operating costs) and dollar-denominated expenses. The company reported 6.6% revenue growth to Rs 62,524 crore in the first nine months of FY2026, but Ebitdar margin fell to 20% from 24.1% due to forex losses and cost pressures. IndiGo holds strong cash reserves of Rs 36,945 crore as of December 2025 and maintains ~64% domestic market share.