IndiGo Q2 FY27 Results (Representational Image)
\n\nIndiGo, India's largest airline, reported a smaller net loss for the September quarter of FY27, although elevated aviation fuel prices and a weaker rupee continued to put pressure on its financial performance. InterGlobe Aviation, the parent company of IndiGo, recorded a net loss of Rs 1,879.1 crore in the quarter ended September 2026, compared with a loss of Rs 2,582.1 crore in the corresponding period last year. Despite the improvement, rising operating expenses remained a significant challenge for the airline.
\n\nThe company's total income increased to Rs 24,311.9 crore during the quarter from Rs 19,599.5 crore a year earlier, according to its regulatory filing. However, expenses climbed at a substantial pace, limiting the benefit of higher income.
\n\nTotal expenses for the September quarter rose to Rs 26,188.4 crore, while aircraft fuel expenditure surged 67.2 per cent year-on-year to Rs 9,966.8 crore.
\n\nThe airline attributed the pressure on profitability to exceptionally high fuel costs and rupee depreciation, which increased the burden on its operations.
\n\nIndiGo reported an increase in total income of more than Rs 4,700 crore compared with the year-ago quarter, reflecting stronger revenue performance despite a challenging operating environment.
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Original source: https://www.timesnownews.com/business-economy