Wings Under Pressure: Why IndiGo’s Losses Are Widening Despite Higher Revenue
IndiGo’s Q2 FY26 results show a sharp net loss of ₹2,582 crore — more than double last year’s — even as revenue rose 9%. Here’s why India’s largest airline is facing turbulence, what’s driving the loss, and what lies ahead. Image AI Generated Introduction The skies may be full, but profits remain elusive for India’s largest airline. InterGlobe Aviation Ltd — better known as IndiGo — reported a significant widening of losses in the second quarter of FY 2025-26. Despite steady passenger growth and rising revenues, cost pressures, foreign exchange losses, and macroeconomic headwinds have clipped the carrier’s wings once again. The airline industry thrives on volume, efficiency, and precision cost management. When even one of these pillars wobbles, profitability can plummet. IndiGo’s latest quarterly report captures this perfectly: a story of growth overshadowed by uncontrollable expenses and a shifting global environment. 1. The Numbers Tell the Story In Q2 FY26, IndiGo posted a n...