IndiGo’s profits take a hit as rupee depreciates
2025-01-24 22:31:00 : Record passenger numbers between October and December helped IndiGo parent InterGlobe Aviation post better-than-expected revenue, but a sharp fall in the rupee against the dollar hurt the profitability of the country’s largest airline. The rupee depreciated 2% against the US dollar in the latest quarter resulting in foreign exchange losses as IndiGo’s … Read more