India’s largest airline IndiGo reported a widening of loss to ₹1,681 crore for the quarter ended March 31 from the ₹1,147-crore loss a year earlier, on soaring fuel costs, the impact of the Omicron wave and a weakening rupee.
The carrier had reported its first profit in seven quarters in the October-December period on the back of improving passenger numbers.
IndiGo also recorded a widening of loss to ₹6,161 crore for FY22, compared with a loss of ₹5,806 crore in the previous year.
