Corporate Earnings Show Mixed Q2 as IndiGo’s Loss Deepens but Others Turn Profitable

Several Nifty 500 companies including Indian Oil and PVR Inox reported profit turnarounds for the September 2025 quarter, reversing losses from the previous year. Improved operating margins and stronger domestic demand supported results. However, InterGlobe Aviation, parent of IndiGo, posted a widened Q2 loss of ₹2,582 crore compared to ₹987 crore a year earlier due to higher fuel costs and currency headwinds. Analysts expect broader earnings stability in coming quarters as input prices normalize and travel demand strengthens.