IndiGo Posts ₹1,879 Crore Net Loss in Q2 FY27
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Budget airline IndiGo has reported a net loss of ₹1,879 crore in the second quarter of FY27, a decrease from the ₹2,582 crore loss in the same period last year. The loss was primarily due to a 67% surge in fuel costs and rupee depreciation. Despite this, the airline's revenue increased by 25.9%. The company has attributed the loss to high fuel costs and geopolitical woes, and has implemented capacity cuts and yield management strategies to mitigate the impact.
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