Indian airline IndiGo posts quarterly loss on capacity curbs, soaring fuel prices
29/05/2026 11:46
Indian airline IndiGo posts quarterly loss on capacity curbs, soaring fuel prices May 29 (Reuters) - Indian budget carrier IndiGo INGL.NS reported a fourth-quarter loss on Friday as the country's top airline struggled with domestic capacity, a declining rupee and soaring fuel prices.
The airline posted a loss of 26.62 billion rupees ($280.2 million) for the quarter ended March 31, compared with a profit of 30.73 billion rupees in the year-ago period.
($1 = 95.0000 Indian rupees)
(Reporting by Kashish Tandon in Bengaluru; Editing by Nivedita Bhattacharjee)
((Kashish.Tandon@thomsonreuters.com; 8800437922;))
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