Indigo’s second-quarter net loss has increased to Rs 1,435.7 crore, while revenue has increased to Rs 5,608.5 crore
The previous fiscal's similar quarter resulted in a loss of Rs 1,194.8 crore for the corporation.
Due to rising fuel costs, Interglobe Aviation Ltd, which operates India’s largest airline IndiGo, declared a larger quarterly loss of Rs 1,435.7 crore for the quarter ended September 2021 (Q2FY22) on October 28.
The previous fiscal’s similar quarter resulted in a loss of Rs 1,194.8 crore for the corporation.
For the quarter, revenue from operations totaled Rs 5,608.5 crore, up 104.6 percent from the previous quarter.