IndiGo Reports Loss of Rs 871 Crore in Q4

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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.

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.

IndiGo Q4FY20 & Full Year FY20 Results
IndiGo Q4FY20 & Full Year FY20 Results

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Also Read: Air India to provide full refund for flights cancelled between March 23 and May 31

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Manish Khandelwal
Manish Khandelwal

Manish Khandelwal, a travel-tech enthusiast with over a decade of experience in the travel industry. Founder and Editor-in-Chief of Travelobiz.com, he's passionate about writing.

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