IndiGo posts ₹238 crore net loss in Q1, cites West Asia conflict and fuel costs

IndiGo reported a net loss of ₹238 crore in Q1 2026, versus a profit of ₹2,176.3 crore a year ago.

Managing Director Rahul Bhatia cited fuel price escalation, adverse foreign exchange movement, and the West Asia conflict as factors impacting profitability.

Total income rose to ₹25,614.1 crore from ₹21,542.6 crore year-on-year, but overall expenses surged more rapidly.

IndiGo served more than 31 million passengers in Q1, with demand remaining healthy and revenue improving year-on-year.