homeearnings NewsIndiGo parent Q2 loss widens amid high ATF prices even as ticket sales jump 136%

IndiGo parent Q2 loss widens amid high ATF prices even as ticket sales jump 136%

For the second quarter, IndiGo's passenger ticket revenues surged 135.6 percent and ancillary revenues grew 57.4 percent compared to the same period last year. Shares of InterGlobe Aviation ended at Rs 1,797.45, down by Rs 5.90, or 0.33 percent on the BSE.

By Jomy Jos Pullokaran  Nov 4, 2022 7:16:10 PM IST (Updated)

2 Min Read

InterGlobe Aviation, parent of the country's largest airline IndiGo on Friday, November 4, reported a loss of Rs 1,583.3 crore for the second quarter that ended September 30, 2022. In the corresponding quarter last year, the company posted a loss of Rs 1,435 crore.
Revenue from operations stood at Rs 12,497.6 crore during the period under review, up 122.8 percent against Rs 5,608.5 crore in the corresponding period of the preceding fiscal.
As of September 30, 2022, the airline has a fleet of 279 aircraft including 26 A320 CEOs, 149 A320 NEOs, 68 A321 NEOs, 35 ATRs and one A321 freighter; a net decrease of three passenger aircraft during the quarter.