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Asia

IndiGo Q1 results: Airline slips into ₹238 crore loss amid cost pressures; revenue rises 20% YoY

mint - markets · 59m ago · 🇮🇳 India

IndiGo Q1 results: Airline slips into ₹238 crore loss amid cost pressures; revenue rises 20% YoY

InterGlobe Aviation reported a Q1 FY27 consolidated net loss of ₹238 crore, down from a profit of ₹2,176.3 crore last year, due to high fuel prices and foreign exchange issues. However, total income rose to ₹25,614.1 crore, driven by ticket and ancillary revenue growth.

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