IndiGo Reports ₹986 Crore Loss Amid Rising Costs and Softening Demand

The airline's financial struggles follow a seven-quarter profit streak, with increased expenses and competition impacting its performance.

IndiGo's Q2 FY25 results show a net loss of ₹986 crore, ending its seven-quarter run of profitability.
Total income rose to ₹17,759 crore, but expenses surged to ₹18,666 crore, driven by higher fuel costs and aircraft rentals.
The airline's fleet has grown to over 400 planes, including 25 wet-leased aircraft, as it expands to new destinations in Malaysia.
Despite financial challenges, IndiGo maintains a strong market share of 62.5% and plans to increase international capacity.
IndiGo is investing in digital initiatives to boost direct bookings and aims to reduce grounded aircraft to improve cost efficiency.