IndiGo (InterGlobe Aviation Limited) has reported a 13.3% decline in revenue for the second quarter of FY25. The revenue from operations stood at ₹16,969.6 crore in Q2 FY25, down from ₹19,570.7 crore in the previous quarter.
The airline also reported a net loss of ₹986.7 crore for Q2 FY25, a significant turnaround from the net profit of ₹2,728.8 crore reported in the previous quarter (Q1 FY25).
Key Highlights:
- Revenue from Operations: ₹16,969.6 crore in Q2 FY25, down 13.3% from ₹19,570.7 crore in Q1 FY25.
- Net Loss: ₹986.7 crore in Q2 FY25, compared to a net profit of ₹2,728.8 crore in Q1 FY25.
This sharp decline in both revenue and profitability highlights the challenging environment faced by the airline during the quarter.