Hong Kong, Oct. 30 -- IndiGo reported a loss of 18.79 billion rupees ($197 million) for the three months ended September 30, 2026. Revenue increased 26% to 233.64 billion rupees, beating analyst estimates. Read More Total costs increased 19% to 261.88 billion rupees. Fuel costs surged 67% from the year-ago period to nearly $1 billion. The LCC reduced capacity by 1% compared with the same quarter a year ago to manage costs. It carried 27.5 million passengers, 4.5% fewer than a year ago. The load factor was 80.3%, compared to 82.5% last year.
"The seasonally soft September quarter saw exceptionally elevated fuel costs and continued geopolitical turmoil," Willie Walsh, IndiGo CEO, said. "We are looking at a period of elevated fuel cost for so...