IndiGo reports first-ever quarterly loss since listing
India's largest airline IndiGo's operator InterGlobe Aviation on Wednesday reported a second-quarter loss of â¹652 crore, its first-ever quarterly loss since listing in 2015. The low-cost carrier said high fuel costs, rupee depreciation and intense competition impacted its profitability. The revenue of the airline stood at â¹6,185 crore, an almost 17% rise from the corresponding quarter last year.