IndiGo Shares Rise Over 4% Despite Third Quarterly Loss
IndiGo, India’s largest airline, reported its third consecutive quarterly loss in Q2 FY27 due to higher fuel costs, but its shares rose 4.33% to ₹4,877 on October 30. Revenue grew 26% year-on-year to ₹23,360 crore, driven by a 34% increase in passenger yield and fare hikes. Fuel expenses rose 67%, while cost per seat kilometre excluding fuel increased 15%. Passenger ticket revenue increased 29.3%, and ancillary revenue rose 15.9%.
Mint Markets·



