IndiGo Narrows September-Quarter Losses as Higher Fares Boost Revenue
IndiGo beat analyst estimates in the seasonally weaker September quarter, as higher ticket prices boosted revenue and helped narrow losses. Rising fuel costs continued to weigh on its bottom line.
New Delhi, Oct. 29 -- IndiGo beat analyst estimates in the seasonally weaker September quarter as higher ticket prices boosted revenue and helped narrow losses. But a steep rise in fuel costs continued to weigh on its bottomline, underscoring the challenge facing India's largest airline.InterGlobe…