IndiGo Reports ₹2,537 Crore Q4 Loss Amid Forex Volatility and Operational Hurdles
Financial Performance Under Pressure IndiGo, India’s largest airline, reported a net loss of ₹2,537 crore for the fourth quarter ending March 2024, a significant downturn attributed to adverse foreign exchange fluctuations and a complex operating environment. Managing Director Rahul Bhatia confirmed that the fiscal year faced extraordinary challenges, which materially eroded the carrier’s profitability despite…