Indian airline IndiGo tumbles on Q2 loss, its first in two years
** Airline operator IndiGo's INGL.NS stock falls 8% to 3,780 rupees, eyes worst day in over 2-1/2 years
** INGL reported its first quarterly loss in almost two years; said it expects per-passenger revenue to drop
** Congestion at major domestic airports to impact IndiGo’s operational efficiency, said analysts at ICICI Securities
** Some relief expected going ahead from lower crude price, adds brokerage
** Investec, Elara Capital say they expect trend of declining earnings at INGL to "persist" as fares inch lower, while costs remain high
** More than 6.7 mln shares change hands, 7.3x stock's 30-day avg
** Twenty analysts covering the stock have a "buy" rating on avg; 4 of the analysts cut PT post results- LSEG data
** Day's fall trims INGL's YTD gains to ~36%
Reporting by Ashna Teresa Britto in Bengaluru
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