Friday, June 06, 2025 | 06:49 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Q1 report card: IndiGo revenue soars 328% to Rs 12,855 crore; loss narrows

High fuel prices, weak rupee keep bottom line under pressure

indigo, airlines, aviation, flights, air craft
premium

Fuel prices for Indian airlines almost doubled in June 2022 as compared to a year ago

Arindam Majumder New Delhi
India’s largest airline IndiGo clocked record revenue in the quarter ended June, but yet ended up making a loss on the back of high fuel prices and a weak rupee.

While the airline’s revenue from operations surged 328 per cent to Rs 12,855.3 crore from Rs 3,007 crore in the year-ago period, it reported a loss of Rs 1,064.3 crore. However, the Q1FY23 loss was 66.5 per cent less than the loss incurred by the airline in the corresponding period a year ago, IndiGo said in a statement.

Fuel prices for Indian airlines almost doubled in June 2022 as compared to a