IndiGo Q2: Loss up to Rs 1,610 crore seen despite cost cutting measures

Prabhudas Lilladher expects yields to remain strong during the recently concluded quarter, growing 10 per cent YoY, on the back of pricing disciple, charter and Vande Bharat flights

InterGlobe Aviation-owned IndiGo airline is expected to narrow its losses sequentially during the September quarter of FY21 (Q2FY21) as analysts see more people using airlines as a means to travel amid the Covid-19 pandemic. The airline is set to report its quarterly numbers on Thursday, October 29.

During the three month period under review, the stock of the low-cost carrier soared 26 per cent on the BSE, as against a 9 per cent rally in the benchmark S&P BSE Sensex, ACE Equity data show.

Here’s what to expect from Q2 numbers.

Elara Capital

The brokerage pegs the airline's net loss