You are here: Home » Companies ¬Ľ News
Piramal, Zurich Insurance may bid separately for Reliance General Insurance
Business Standard

After suffering losses for 3 quarters, IndiGo on a flight path to profit

Cooling fuel prices and rupee depreciation and rising demand could help the country's largest airline by market share to reverse successive quarters of losses

Topics
IndiGo | Airline IndiGo | Indian airlines

Deepak Patel  |  New Delhi 



indigo, flights, aircraft, aviation
The airline has been making losses for the last three quarters amid high fuel prices and weak rupee

After suffering losses for three quarters, is expected to return to profitability in Q3 of FY23 on the back of cooling fuel prices and rupee depreciation, rising demand, relatively weak competition and discipline which is being maintained.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, November 24 2022. 18:40 IST

RECOMMENDED FOR YOU

.