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IndiGo reports quarterly loss of Rs 871 crore

IndiGo reports quarterly loss of Rs 871 crore

IndiGo reports quarterly loss of Rs 871 crore
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By PTI Jun 2, 2020 4:19:42 PM IST (Published)

InterGlobe Aviation on Tuesday reported a loss of Rs 870.8 crore in the three months ended March. The parent of the country's largest airline IndiGo had a profit after tax of Rs 595.8 crore in the year-ago period.

InterGlobe Aviation on Tuesday reported a loss of Rs 870.8 crore in the three months ended March. The parent of the country's largest airline IndiGo had a profit after tax of Rs 595.8 crore in the year-ago period.

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In the latest March quarter, revenue from operations rose to Rs 8,299.1 crore.
"Closure of flight operations during national lockdown on account of COVID-19 significantly impacted revenue for the quarter," it said in a regulatory filing.
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