IndiGo Q2 results: Airline posts Rs 2,582 crore loss on forex hit; revenue up 9% YoY as cost pressures rise
After flying high in the June quarter, IndiGo’s earnings took a sharp turn as the airline posted a net loss of Rs 2,582 crore for the September quarter. The reversal comes despite steady growth in operations and passenger traffic, with revenue rising 9% year-on-year (YoY) to Rs 18,555 crore, according to an ET report. In…