IndiGo posts Q2 loss of Rs 986.70 cr, revenue rises by 13.6% YoY
- Posted on October 25, 2024
- By Financial Express
- 2 Views
IndiGo posts Q2 loss of Rs 986.70 cr, revenue rises by 13.6% YoY
InterGlobe Aviation, the operator of IndiGo, reported a loss of Rs 986.70 crore in Q2 due to high fuel costs and groundings. However, revenue from operations increased by 13.6% and passenger ticket revenues grew by 9.9%. The airline launched a new business class, loyalty program, and added 28 aircraft to its fleet.
