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IndiGo posts ₹987 cr loss in Q2, its 1st quarterly loss in 2 years
short by Mansi Agarwal / on Friday, 25 October, 2024
IndiGo operator InterGlobe Aviation recorded a loss of ₹987 crore in September quarter, marking its first quarterly loss in two years. The country's largest airline by market share recorded a ₹189 crore profit in the same period last year. Over 70 grounded aircraft, rising fuel prices, and growing aircraft rental and maintenance costs were among the reasons behind the loss.
read more at NDTV Profit