IndiGo posts Rs 2,582 crore Q2 loss despite 10% revenue growth
InterGlobe Aviation, the parent of the country’s largest airline IndiGo, reported a net loss of Rs 2,582 crore for the three months ended September, as the bottom line was mainly impacted by currency movements.
The airline’s loss in the year-ago period stood at Rs 986 crore.
According to a regulatory filing, the company raked in a total income of Rs 19,599 crore in the second quarter of the current financial year, higher than Rs 17,759 crore recorded in the same period a year ago.
