InvestorQ : How were the quarterly numbers of Indigo Airlines for the June 2022 quarter?
Riya Dwivedi made post

How were the quarterly numbers of Indigo Airlines for the June 2022 quarter?

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shrinidhi Rajan answered.
2 weeks ago
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IndiGo Airlines, officially listed as Interglobe Aviation, clocked record revenues of Rs12,855 crore in June 2022 quarter manifesting a yoy growth in revenues of 328%. Despite that, Indigo reported a net loss of Rs1,064 crore due to a combination of high fuel prices and a weak rupee. On a yoy basis, the fuel prices for airlines doubled on yoy basis. Indigo is planning to deploy 70-80% more capacity in September 2022 quarter. Indigo still enjoys market share of over 50% of the Indian aviation market but competitionis heating up.

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