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INDIGO
the operator of IndiGo, reported a consolidated net loss of ₹2,582 crore for Q2 FY26, significantly wider than the ₹989 crore loss a year ago. The loss was primarily due to a sharp increase in foreign exchange losses to ₹2,892 crore from ₹241 crore last year, and rising aircraft maintenance and rental expenses, which increased to ₹3,262 crore from ₹2,745 crore. Despite these challenges, revenue from operations grew by 9.3% year-on-year to ₹18,555 crore, driven by increased passenger traffic and higher yields. EBITDA surged 85% to ₹3,472 crore, with margins improving to 18.7% from 11% the previous year. Excluding forex impact, the company posted an operational profit of ₹104 crore compared to a loss of ₹754 crore last year. IndiGo expanded its capacity by 7.8% and operated 2,244 flights daily at the peak, serving 94 domestic and 41 international destinations. The company raised its full-year capacity growth guidance to the early teens, signaling optimism for recovery in the latter half of FY26. Shares of Interglobe Aviation Ltd closed at ₹5,635, down 1.06% on the BSE following the results announcement.#StockInNews#FundamentalViews
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