IndiGo Q2 Results: Loss narrows YoY to Rs 1,879 crore; revenue rises 26%
- IndiGo narrowed its consolidated net loss to Rs 1,879.1 crore in the second quarter of FY2027, down from Rs 2,582.1 crore a year earlier, as revenue rose 26% despite mounting fuel pressures.
- Fuel expenses climbed 67.2% to Rs 9,966.8 crore, the biggest drag on earnings, as geopolitical tensions in the Middle East kept crude oil prices elevated throughout the quarter.
- Passenger yield rose 34.3% to Rs 6.30 per kilometer, helping revenue grow, while capacity fell 1% and the passenger load factor slipped 2.2 percentage points to 80.3% from 82.5%.
- CEO Willie Walsh said the airline has "no choice left but to look to increase fares," after revising fuel charges on domestic and international routes to offset rising costs.
- Walsh outlined a strategy to increase ancillary revenues through premium seats and loyalty programs, aiming to earn more from each passenger while maintaining IndiGo's core low-cost model.
28 Articles
28 Articles
IndiGo Q2 loss narrows to ₹1,879.1 crore as fare gains partly offset fuel-cost surge
IndiGo narrowed its consolidated net loss to ₹1,879.1 crore in the second quarter of FY2027 (Q2 FY27) from ₹2,582.1 crore a year earlier as higher passenger yields partly cushioned the impact of surging fuel costs amid geopolitical tensions in the Middle East. The airline had reported a loss of ₹2,582.1 crore in the year-ago quarter.
IndiGo’s Willie Walsh Wants More Revenue From Every Passenger
IndiGo’s answer to losing passengers is the Ryanair model of earning more from each one. But Ryanair’s extras depend on European rules. Walsh himself concedes India’s rules do put limits on that playbook.
IndiGo Reports Rs 1,879 Crore Loss in Q2 as Higher Fuel Costs, Weak Rupee Hit Earnings
Get latest articles and stories on Business at LatestLY. InterGlobe Aviation, the parent company of IndiGo, on Thursday reported a consolidated net loss of Rs 1,879.1 crore for the July-September quarter of FY27, as higher aviation fuel costs and rupee depreciation weighed on profitability despite strong revenue growth. Business News | IndiGo Reports Rs 1,879 Crore Loss in Q2 as Higher Fuel Costs, Weak Rupee Hit Earnings.
IndiGo has no choice but to raise fares amid rising fuel costs: CEO Willie Walsh
IndiGo is considering higher airfares after a steep fuel bill increase contributed to its September-quarter loss. Chief executive Willie Walsh said strong liquidity provides options, but fare increases may be unavoidable.
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