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New Delhi: More than 10.4 lakh passengers were affected by flight cancellations in December, with over 93 per cent of the total passengers getting impacted by IndiGo cancellations.Latest data shared by aviation regulator DGCA also showed that scheduled domestic airlines shelled out over Rs 24.27 crore towards compensation and facilities for flight cancellations that affected more than 10.46 lakh passengers in December. Out of them, flight cancellations by IndiGo impacted 9.82 lakh passengers in December and the airline spent Rs 22.74 crore towards facilitation.The overall cancellation rate of scheduled domestic airlines was 6.92 per cent in December, and that of IndiGo was 9.65 per cent.IndiGo, the country's largest airline, faced massive flight disruptions in early December and during that month, its market share fell to 59.6 per cent from 63.6 per cent in November.During December, a total of 29,212 passenger-related complaints had been received by the scheduled domestic airlines and the number of complaints per 10,000 passengers carried was at around 20.41, as per the Directorate General of Civil Aviation (DGCA).According to the DGCA data, flight delays impacted 8.34 lakh passengers and airlines spent Rs 4.50 crore towards facilitation in December. In December, as many as 2,050 passengers were denied boarding by the airlines, which shelled out Rs 2.08 crore towards compensation and facilitation in this regard."Passengers carried by domestic airlines during January-December 2025 were 1,669.46 lakh as against 1,613.31 lakh during the corresponding period of the previous year, thereby registering an annual growth of 3.48 per cent and a monthly negative growth of 4.14 per cent," the DGCA said in its report for December. In December, the market share of Air India Group and Akasa Air rose to 29.6 per cent and 5.2 per cent, respectively. The two airlines' market share stood at 26.7 per cent and 4.7 per cent, respectively. SpiceJet also saw its market share rise to 4.3 per cent in December from 3.7 per cent in November 2025. State-owned Alliance Air's market share remained unchanged at 0.4 per cent in December.

FSN E-Commerce, which owns Beauty & Personal Care (BPC) brand Nykaa, is expected to report a strong set of numbers in the December ended quarter, led by robust festive demand, sustained momentum in its BPC segment. Brokerage estimates show the company could deliver up to 192% surge in its Q3FY26 net profit falling in the range of Rs 60 crore to Rs 78 crore. The revenue growth is pegged at 26%-28%, estimates revealed, forecasting the topline in the range of Rs 2,859 crore to Rs 2,902 crore.The estimates from ElaraCapital, Nuvama Institutional Equities and JM Financial have been taken into account. The margins could take a hit in the October-December quarter.The company will announce its earnings on Thursday, February 5.Here's what estimates say about these four key parameters:1) PAT-- Elara Capital: Rs 60 crore, up 128% YoY and 88% QoQ-- Nuvama: Rs Rs 64 crore, up 139% YoY and 89% QoQ-- JM Financial: Rs 78 crore, up 192% YoY and 117% QoQ2) Revenues-- Elara Capital: Rs 2,869 crore, up 27% YoY and 22% QoQ-- Nuvama Institutional Equities: Rs 2,902 crore, up 28% YoY and 24% QoQ-- JM Financial: Rs 2,859 crore, up 26% YoY and 22% QoQ3) EBITDA-- Elara Capital: Rs 202 crore, up 43% YoY and 27% QoQ-- Nuvama Institutional Equities: Rs 209 crore, up 48% YoY and 31% QoQ-- JM Financial: Rs 215 crore, up 52% YoY and 35% QoQ4) EBITDA marginNuvama has pegged the Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) at 7.2% in Q3FY26, down 100 bps YoY and down 40 bps QoQ. Meanwhile, JM Financial sees margin expansion of 130 bps YoY, indicating sustained operating leverage.Read more: Tata Motors PV Q3 Preview: JLR hit to weigh on profits; revenue may slip up to 9% despite festive, GST tailwinds(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)