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IndiGo reports Rs 987 crore loss despite revenue growth in Q2 FY25
InterGlobe Aviation, operator of IndiGo, reported a net loss of Rs 987 crore for Q2 FY25, a stark contrast to a profit of Rs 189 crore in the same quarter last year. Despite a 13.6% increase in revenues to Rs 16,969.6 crore, rising airport fees, maintenance costs, and fuel expenses significantly impacted profitability. Shares closed 3.2% lower at Rs 4,373.7.
Moneycontrol
Indian Rupee Indigo 005 BSE InterGlobe Aviation Limited IND Show more
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12:30 25.10.2024
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