News
IndiGo reports quarterly loss
October 30th 2026
IndiGo reported a loss of 18.79 billion rupees ($197 million) for the three months ended September 30, 2026. Revenue increased 26% to 233.64 billion rupees, beating analyst estimates. Read More » Total costs increased 19% to 261.88 billion rupees. Fuel costs surged 67% from the year-ago period to nearly $1 billion. The LCC reduced capacity by 1% compared with the same quarter a year ago to manage costs. It carried 27.5 million passengers, 4.5% fewer than a year ago. The load factor was 80.3%, compared to 82.5% last year.
“The seasonally soft September quarter saw exceptionally elevated fuel costs and continued geopolitical turmoil,” Willie Walsh, IndiGo CEO, said. “We are looking at a period of elevated fuel cost for sometime. We will continue to look at every measure that can be taken internally to offset the very significant increase in our prices,” he added.
