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IndiGo Q2 results: Airline posts Rs 986 crore loss

IndiaTimes Friday, 25 October 2024
IndiGo, India's largest airline, reported a net loss of Rs 986.7 crore for the September quarter, its first quarterly loss in two years. This was attributed to higher fuel costs and increased aircraft rental expenses. Despite this, revenue grew by 14.6% year-on-year to Rs 17,800 crore.
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