Delhi : IndiGo has become the most valuable airline in the world, with its market capitalization touching INR 2 lakh crore (USD 23.3 billion).

The stock's impressive rally-up 13 percent in 2025 so far-comes amid a broader market downturn, with the NIFTY index falling 6 percent this year.

With a dominant 62 percent share in India's aviation sector, IndiGo's improved financial performance has been a major factor in boosting investor confidence. Despite setbacks like the INR 987 crore net loss in Q2FY25, analysts are optimistic about the airline's prospects.

Projections for Q4FY25 show a potential PAT of INR 2,300 crore, driven by favorable fare structures, efficient operations, and a manageable crude oil environment.

The airline is set to expand its fleet further, aiming for a double-digit rise in Available Seat Kilometers (ASK) in FY26. Out of 439 aircraft currently, 50 are grounded, with plans to induct around 50 more by FY26.

The airline expects its international ASK contribution to rise to 40pc by FY30, up from 28 pc in FY25.