IndiGo posts ₹238 crore Q1 loss as fuel costs surge; shares fall 9% in July
IndiGo’s June-quarter loss narrowed sequentially to ₹238 crore, but higher fuel and lease costs pressured profitability. Total income rose to ₹25,614.1 crore and ticket revenue grew 23% year on year, while EBITDAR margin fell to 15.6% from 28%. The airline expects flat-to-moderate Q2FY27 capacity growth.
IndiGo reported a ₹238 crore June-quarter loss as fuel costs doubled and lease expenses rose, prompting a three-day share-price decline. The airline expects flat-to-moderate Q2FY27 capacity growth and single-digit FY27 growth amid robust demand.
Why this matters
The result extends IndiGo's recent pattern of fuel-cost pressure: prior signals flagged a 33% EBITDAR fall and an earlier ₹382 crore Q1 loss, while the carrier also raised concerns over airport operators owning airlines.
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