India's IndiGo posts quarterly loss on soaring fuel costs
23/07/2026 11:12
India's IndiGo posts quarterly loss on soaring fuel costs July 23 (Reuters) - Indian budget carrier IndiGo INGL.NS reported first-quarter loss on Thursday as the country's top airline struggled with high fuel prices triggered by the Iran war.
The airline posted a loss of 3.82 billion rupees ($39.6 million) for the quarter ended June 30, compared with a profit of 21.61 billion rupees in the year-ago period.
($1 = 96.5450 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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