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Home/business/indigo q2 loss zooms to rs 1585 cr due to higher fuel prices forex losses

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.

Edited By : Vikas Kumar | Updated: Nov 4, 2022 17:22 IST
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Assam, IndiGo, Jorhat, Kolkata, Guwahati, IndiGo flight 6E757, News24
Assam, IndiGo, Jorhat, Kolkata, Guwahati, IndiGo flight 6E757, News24

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.

First published on: Nov 04, 2022 05:22 PM IST

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