New Delhi, 22 January 2026:InterGlobe Aviation , the parent company of India’s largest airline IndiGo , reported a 77.6% drop in its consolidated net profit  for the third quarter of FY26 (Q3FY26). The airline posted a profit of ₹549.8 crore , compared with ₹2,448.8 crore  in the same period last year. Factors Behind the Profit Decline The sharp decline in IndiGo’s profits comes amid: Labour code-related provisions  impacting operational costs. Operational disruptions in Dece