InterGlobe Aviation Limited — Credit Ratings, 10-12-2025: Credit Rating- Others

ICRA has reaffirmed InterGlobe Aviation's (IndiGo) long-term [ICRA]AA (Stable) and short-term [ICRA]A1+ ratings for its bank facilities and issuer rating. The affirmation follows recent operational disruptions but acknowledges strong liquidity of Rs. 38,500 crore and dominant market share. While near-term financials face pressure, the impact is expected to be manageable, supported by temporary operational flexibility and robust cash buffers.