By BullScreen Editorial Team 
InterGlobe Aviation Ltd, the parent company of IndiGo, reported a consolidated net loss of ₹237.6 crore for the quarter ended June 30, 2026, marking a sharp reversal from a net profit of ₹2,176.3 crore in the year-ago quarter. The weak performance came as higher aircraft fuel expenses and operational challenges linked to tensions in West Asia weighed on profitability.
According to the Q1 results 2027, consolidated revenue from operations rose 19.9% year-on-year to ₹24,584.1 crore from ₹20,496.3 crore in the corresponding period last year. However, total expenses jumped to ₹25,852.5 crore from ₹19,231.9 crore.
Aircraft fuel expenses nearly doubled to ₹10,832.9 crore from ₹5,832.6 crore a year earlier. Supplementary rentals and aircraft repair and maintenance costs also increased to ₹3,497.5 crore from ₹3,070.5 crore.
The Ministry of Petroleum and Natural Gas introduced a temporary price cap for aviation turbine fuel used in domestic operations between April 1 and June 8, 2026, after fuel prices surged amid geopolitical developments in West Asia. From June 9, IndiGo recognised fuel expenses at prevailing market prices while assessing participation in the proposed Price Stabilisation Fund.
IndiGo Managing Director Rahul Bhatia said the quarter was affected by elevated fuel costs and Middle East network constraints, although demand remained healthy and revenue improved, supported by stronger yields and continued customer preference.