India’s biggest airline IndiGo reports Rs 2,582 crore net loss in Q2 amid currency fluctuations
InterGlobe Aviation, the parent company of India’s largest airline IndiGo, announced a net loss of Rs 2,582.10 crore for the quarter ending September, primarily due to adverse currency movements.
This compares with a loss of Rs 986.7 crore recorded in the same quarter last year. IndiGo commanded a 64.3 per cent share of the domestic market as of September.
