Saturday, November 26, 2022

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IndiGo Q2 loss zooms to Rs 1,585 cr due to higher fuel prices, forex losses

New Delhi: The operator of India’s leading airline, IndiGo, InterGlobe Aviation Ltd, announced a larger loss for the second quarter on Friday due to rising fuel costs and foreign exchange losses.

The company’s loss increased from Rs 1,440 crore a year earlier to Rs 1,585 crore ($192.60 million) in the quarter ending in September.

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