IndiGo posts ₹238 crore net loss in Q1, cites West Asia conflict and fuel costs
IndiGo reported a net loss of ₹238 crore for the first quarter of the fiscal year, primarily due to rising fuel costs and the impact of the West Asia conflict. The airline's total income increased to ₹25,614.1 crore, up from ₹21,542.6 crore a year earlier, despite overall expenses surging. IndiGo's parent company, InterGlobe Aviation, noted that demand remained strong, serving over 31 million passengers, but ongoing uncertainties could affect future performance.