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11	11	IndiGo is not only the most efficient low fare operator domestically but is also comparable with global low cost airlines. IndiGo is constantly enhancing its engagement with its passengers to augment their travel experience. From multichannel direct sales (including online flight booking, call centers and airport counters), to online flight status checking, an exclusive IndiGo app for Android, IndiGo has transformed air travel in India. Today, IndiGo is India’s most preferred airline. At IndiGo, low fares come with high quality.
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14	14	Since 1989, InterGlobe Enterprises has been bridging gaps between people and markets. The company's unswerving commitment to this purpose has allowed it to establish a strong foothold in businesses such as civil aviation, hospitality, travel commerce, airline management, aircraft maintenance engineering, and advanced pilot training.
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16	16	Over the past three decades, IndiGo has continued to expand its vision and become India’s leading and one of the most respected conglomerates. Headquartered in Gurugram and driven by a workforce of over 24,000 people spread across 27+ countries and 100+ cities globally, its passion for quality, value and innovation is set to power it into the future. {{footnote}}https://www.interglobe.com/about-us{{/footnote}}
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29	29	The share of travel and tourism in India’s GDP was 10.4% in 2018. Indian economy and the aviation industry have a symbiotic relationship and each benefit immensely with the growth of other. While the fast-paced growth of the aviation industry over the past decade can be largely attributed to the robust economic growth, economic growth has also been greatly benefitted by the growth in aviation industry. According to International Civil Aviation Organization (“ICAO”), for every $100 of output produced and every 100 jobs generated by air transport, an additional demand of around $325 and 610 jobs are triggered in other industries, globally. The aviation industry is further expected to increase its share in the Gross Domestic Product and help the economy by creating jobs and an increase in production through trade and tourism.
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33	33	= Business Overview =
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35	35	IndiGo commenced operations in August 2006 with a single aircraft and has grown its fleet to 262 aircraft as of March 31, 2020. The company had placed an order of 430 fuel-efficient A320 NEO family aircraft in 2011 and 2015, of which 114 have been delivered as of March 31, 2020. In addition to this, in October 2019, the company placed an additional firm order for the 300 A320 NEO family aircraft, which includes A321 XLRs in addition to A320 NEOs and A321 NEOs.
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41	41	IndiGo has been recognised among the most valuable and strongest airline brands, as per the Brand Finance Airlines 50 report for 2020. Further, the company was also awarded the ‘Safety Partner - Best Aircraft Turn Around Activity’ by DIAL; the ‘Best Domestic Airline’ at FICCI’s first edition of Travel and Tourism Excellence Awards; and the ‘Companies with Great Managers Award’ by People Business in partnership with The Economic Times. These awards are a testimony to its best-in-class service quality. The company’s learning academy ‘ifly’ also won awards for best practices in Learning and Development under six different categories at the TISS LEAPVAULT Chief Learning Officer (“CLO”) awards by the Tata Institute of Social Sciences.
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44	44	= Financial Highlights =
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120	120	* Net loss of INR 11,472 million compared to a net loss of INR 8,708 million in the same period last year.
121	121	* Basic earnings per share of negative INR 29.8
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124	124	**For the year ended March 31, 2021**
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126	126	* Revenue from Operations of INR 146,406 million, a decrease of 59.1% compared to the last year against a capacity decrease of 52.8% during the year.
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130	130	* Basic earnings per share of negative INR 150.9
131	131	* Strong balance sheet with a total cash of INR 185,685 million including free cash of INR 70,997 million
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134	134	The Company’s CEO, Mr. Ronojoy Dutta said “This has been a very difficult year with its revenues slumping hard due to covid, showing some signs of recovery during the period December to February and then slumping again with the second wave of the covid. While IndiGo has seen a sharp decline in revenues in March through May, IndiGo is encouraged by the modest revenue improvements starting last week of May and continuing through June. The company see this pandemic as a period of great trial for both its shareholders and its employees. IndiGo is focusing all its efforts and all its energies to strengthen the foundations and the pillars of IndiGo so that the company emerge from this trial significantly stronger structurally and even more customer responsive than ever before. While IndiGo has produced disappointing financial results this year, IndiGo has also positioned itself  to be the best-in-class airline when the inevitable recovery finally arrives.”
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