InterGlobe Aviation stock falls 1.33 percent as Q1 loss weighs

Published on 09/28/2026 at 14:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

InterGlobe Aviation stock traded at INR 4,874.50 on September 28, 2026, while Q1 FY27 revenue reached INR 245.84 billion. Motilal Oswal set a INR 6,580 target.

InterGlobe, INE646L01027, Illustration mit AI erstellt.

InterGlobe Aviation stock (ISIN INE646L01027) was last at INR 4,874.50 on the NSE on September 28, 2026, at 3:15 p.m. IST, down 1.33 percent from the prior close. The immediate earnings backdrop remains demanding: Economic Times reported on July 23, 2026, that Q1 FY27 ended with a INR 2.38 billion loss.

Q1 revenue reached INR 245.84 billion

Economic Times said revenue from operations rose 20 percent year over year to INR 245.84 billion in Q1 FY27. The result contrasts with a INR 21.76 billion profit in the year-earlier quarter, while total expenses increased 34 percent as fuel and operating costs weighed on profitability.

The figures show the central tension in the InterGlobe story. Passenger and network expansion can lift revenue, but the conversion of that revenue into earnings remains sensitive to fuel prices, foreign exchange and operating costs.

Motilal Oswal sees INR 6,580 target

In research dated August 28, 2026, Moneycontrol reported that Motilal Oswal retained a Buy recommendation and set a INR 6,580 target. The report projected 13 percent revenue growth and 47 percent EBITDAR growth over FY26 to FY28.

That target is 35.00 percent above the September 28 price. Motilal Oswal's thesis rests on internationalization, rising fleet ownership and vertical integration, which could broaden the airline's earnings base if cost pressure eases.

Stock trades 18.35 percent below its yearly high

The September 28 reference price stands 18.35 percent below InterGlobe Aviation's 52-week high of INR 5,970.00 and 25.15 percent above its 52-week low of INR 3,895.20. The session range was INR 4,845.00 to INR 4,933.00, with volume of 547,763 shares.

For investors, the valuation debate therefore turns on execution rather than revenue alone. InterGlobe Aviation combines a large airline platform with fresh evidence of margin pressure, leaving the next earnings update important for judging whether growth can again produce positive quarterly earnings.