InterGlobe Aviation , the parent of the country’s largest airline IndiGo, reported a net loss of Rs 2,582 crore for the three months ended September, as the bottom line was mainly impacted by currency movements.
The airline’s loss in the year-ago period stood at Rs 986 crore.
According to a regulatory filing, the company raked in a total income of Rs 19,599 crore in the second quarter of the current financial year, higher than Rs 17,759 crore recorded in the same period a year ago.
In a release, the airline said that, including the impact of currency movement pertaining to dollar-based future obligations, the net loss for the September quarter aggregated to Rs 2,582 crore.
Pre-currency movement profit
“Excluding the impact of currency movement, IndiGo reported a net profit of Rs 1,

Financial Express

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