New Delhi, Oct. 30 -- Even as IndiGo, the parent company of InterGlobe Aviation, extended its quarterly losses to a third consecutive quarter in September (Q2 FY27), its shares settled 4.33% higher at Rs.4,877 apiece in Friday's trade on October 30.

Investors looked past the fuel-hit quarterly loss and focused on the airline's efforts to protect profitability through fare hikes, capacity discipline and network optimisation.

IndiGo, India's largest airline, posted its third consecutive quarterly loss, although the loss narrowed from a year earlier, reflecting better-than-anticipated operating performance despite sharply higher fuel costs year-on-year (YoY).

Revenue from operations grew 26% YoY to Rs.23,360 crore, supported by a 34% incr...