InterGlobe Aviation Limited — Credit Ratings, 21-05-2025: Credit Rating- New

Moody’s has assigned IndiGo a long-term investment grade credit rating of Baa3 with a stable outlook, aligning with India’s sovereign rating. This reflects IndiGo’s strong market position, solid financial health, and industry-leading cost efficiency, supported by healthy liquidity and a large aircraft order book of over 900 planes. The rating highlights confidence in IndiGo’s diversified funding sources and its ability to capitalize on the growing Indian aviation market. Achieving investment grade status is likely to reduce IndiGo’s borrowing costs and boost investor confidence, enhancing its financial flexibility to support future growth.