LodeHQ
AI news for people who shipFree, by email

India Business · livemint.com · Friday, 24 July 2026

Fuel surge forces IndiGo into second straight quarterly loss

InterGlobe Aviation posted a ₹238 crore loss for Q1 FY27, a slip from a ₹2,176 crore profit a year earlier, as fuel costs doubled and forex headwinds hit margins. Revenue still jumped 20% to ₹25,614 crore, but operating expenses rose 34%, squeezing earnings. The loss signals pressure on India’s low‑cost carrier model.

Read the source: livemint.com ↗In the 24 July issue →