IndiGo reported a net loss of ₹1,879 crore for July to September, narrower than the ₹2,582 crore loss a year earlier. Revenue from operations rose 25.9% to ₹23,364 crore.
Fuel costs jumped 67.2% to ₹9,967 crore. The airline cut capacity by 1% and carried 27.5 million passengers, 4.7% fewer than a year ago. Its load factor fell to 80.3%.
Chief executive Willie Walsh said the quarter saw exceptionally high fuel costs and geopolitical turmoil.
