IndiGo posts ₹238 crore Q1 loss as fuel costs compress margins

IndiGo’s revenue rose 20% year-on-year to ₹24,584 crore, but higher aviation fuel costs drove a ₹238 crore Q1 net loss versus a ₹2,176 crore profit a year earlier. Brokerages remain constructive, citing capacity discipline and constrained aircraft supply as supports for a potential FY28 recovery.

— Filed Fri, 24 Jul, 2026, 08:48 IST · Source NDTV Profit · Updated

IndiGo posted a Rs 238 crore Q1 loss as higher aviation fuel costs outweighed strong demand and yields. Brokerages retained Buy ratings, expecting disciplined FY27 capacity growth and tight aircraft supply to support pricing and a potential FY28 recovery.

Why this matters

The loss follows IndiGo's recent signal that June-quarter yields left room for fare increases; Motilal Oswal retained Buy and saw 31% upside, while IndiGo opposed airport-operator airline ownership.

retail-company is accelerating, up 1,066,800% QoQ.