The country’s largest airline, IndiGo, on Friday reported a loss of… $2,536.9 crore in the three months ended March 2026 due to difficult operating conditions, rupee depreciation and other factors.
The airline made a profit of $3,067.5 crore in the same period last year.
Total income in the fourth quarter of fiscal year 2025-2026 rose more than 3 percent to $23,830.7 Crores from $23,097.5 crore in the same period last year, according to a statement.
“An exceptionally sharp decline in the value of the rupee, changes in labor laws and a difficult operating environment offset operating profits and the company reported a net loss of $The statement said: 23.936 million.
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IndiGo Managing Director Rahul Bhatia said FY26 was characterized by an exceptionally challenging operating environment, which materially impacted its profitability.
“During the year, our capacity grew by 9.5 per cent, and total income increased by more than 6 per cent. Excluding the impact of foreign exchange and exceptional items, IndiGo achieved a profit of $He said: 75 billion.
The company’s share in the local market reached 63.3 percent in March.
IndiGo shares fell by 3.27 percent to close at $4,418.40 per piece on Bahrain Stock Exchange.
