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The Economic Times

Markets / The Economic Times

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IndiGo takes Rs 577 crore revenue hit in Q3 due to December flight chaos

IndiGos December-quarter profit plunged 75% after cancelling thousands of flights, taking a Rs 577 crore exceptional hit. Operational lapses, refunds and labour code costs hurt earnings, though ticket and ancillary revenues still grew amid regulatory scrutiny and market volatility concerns.

22 Jan 2026 5:55 pm