India’s largest airline IndiGo reported a widened loss of Rs 2,582.1 crore for the September quarter, hit by forex losses and higher expenses, even as operational performance improved and recovery gained momentum through the quarter.
The airline, which had posted a loss of Rs 986.7 crore in the same period last year and a profit of Rs 2,176.3 crore in the previous quarter, said it expects to induct its first long-range Airbus A321 XLR aircraft in December as part of its international expansion plans.
Total income rose 10.4% year-on-year to Rs 19,599.5 crore, while total expenses climbed 18.3% to Rs 22,081.2 crore, according to a regulatory filing. Foreign exchange losses surged to Rs 2,892.1 crore from Rs 240.6 crore a year ago.
IndiGo CEO Pieter Elbers said the June–September quarter w

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