IndiGo loss widens 2.5x on forex hit & higher expenses

InterGlobe Aviation (IndiGo) posted a consolidated net loss of Rs 2,582 crore for the second quarter of FY26 — an increase of more than two-and-a-half times from Rs 987 crore in the year-ago period — hit by higher forex losses and expenses. The net loss surpassed Bloomberg’s estimate of Rs 1,432 crore.

Excluding the impact of foreign exchange movement, IndiGo reported a net profit of Rs 104 crore compared to a net loss of Rs 754 crore last year. Its revenue from operations increased over 9% year-on-year (y-o-y) to Rs 18,555 crore, surpassing Bloomberg’s estimate of Rs 18,266 crore.