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IndiGo Q2 loss widens to Rs 1,585 cr on higher fuel costs, forex losses

The company's loss widened to Rs 15.85 billion ($192.60 million) in the July-September quarter, from Rs 14.40 billion a year earlier

IndiGo | IndiGo Airlines | Indian airlines

Reuters  |  Bengaluru 


InterGlobe Aviation Ltd, the operator of India's top airline IndiGo, on Friday posted a bigger loss for the second quarter, hit by higher fuel prices and foreign exchange losses.

The company's loss widened to Rs 1,585 crore ($192.60 million) in the July-September quarter, from Rs 1,440 crore a year earlier.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Fri, November 04 2022. 16:52 IST