InterGlobe Aviation, the parent of the country’s largest airline IndiGo, on Friday posted widening of loss to Rs 1,583.34 crore for the September quarter as higher fuel costs and exchange rates impacted the bottom line.
It reported a loss of Rs 381.8 crore, excluding the foreign exchange loss of Rs 1,201.5 crore, in the latest quarter under review.
The airline had a loss of Rs 1,435.66 crore in the year-ago period.
However, total income of the company rose to Rs 12,852.29 crore in the second quarter of the current fiscal from Rs 5,798.73 crore in the same period a year ago, according to a release.
In the latest September quarter, total expenses jumped to Rs 14,435.57 crore.
