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Indigo Sees Record Revenue, But Rupee Slide Dents Profit
Hindustan Times Delhi
|January 25, 2025
A record number of passengers flying in the October-December period helped InterGlobe Aviation, the parent of IndiGo, report better-than-expected revenues, but a sharp fall in the rupee against the dollar hurt the profitability of the country's largest airline.
NEW DELHI: As IndiGo's lease liabilities are dollar-denominated, a 2% depreciation of the rupee against the dollar in the latest quarter led to a foreign exchange loss of ₹1,456.4 crore in the October-December period, compared to a forex loss of ₹50.9 crore in the year-ago period.
यह कहानी Hindustan Times Delhi के January 25, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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