{"id":534472,"date":"2022-11-05T10:22:40","date_gmt":"2022-11-05T04:52:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=534472"},"modified":"2022-11-05T10:22:40","modified_gmt":"2022-11-05T04:52:40","slug":"costly-fuel-weak-rupee-drive-up-indigo-q2-loss-to-rs-1583-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/costly-fuel-weak-rupee-drive-up-indigo-q2-loss-to-rs-1583-crore\/","title":{"rendered":"Costly fuel &amp; weak rupee drive up IndiGo Q2 loss to Rs 1583 crore"},"content":{"rendered":"<p>NEW DELHI: High fuel prices and a weaker rupee have led IndiGo reporting a loss of Rs 1,583.3 crore in the July-September, 2022, quarter, 10% more than its loss of Rs 1,436 crore in same period last year.<\/p>\n<p>India\u2019s largest airline has been operating more flights than pre-Covid levels during the first half of this fiscal. And as fares in traditionally weak travel Q2 did not drop like earlier years, IndiGo\u2019s total income this July-September rose 122% to Rs 12,852.3 crore from last fiscal same time\u2019s Rs 5,798.7 crore. The airline\u2019s scrip closed at Rs 1,797.6, down 0.3% on BSE Friday when the broader market closed up 0.2%.<\/p>\n<p>IndiGo management said airfares have not drop this Q2 as Indian airlines are charging as per the increased operational costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: High fuel prices and a weaker rupee have led IndiGo reporting a loss of Rs 1,583.3 crore in the July-September, 2022, quarter, 10% more than its loss of Rs 1,436 crore in same period last year. India\u2019s largest airline has been operating more flights than pre-Covid levels during the first half of this fiscal. And as fares in traditionally weak travel Q2 did not drop like earlier years, IndiGo\u2019s total income this July-September rose 122% to Rs 12,852.3 crore from last fiscal same time\u2019s Rs 5,798.7 crore. The airline\u2019s scrip closed at Rs 1,797.6, down 0.3% on BSE [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,219,137],"tags":[],"class_list":["post-534472","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/534472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=534472"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/534472\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=534472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=534472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=534472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}