Industry

IndiGo posts ₹871 crore quarterly loss

File photo.

File photo.   | Photo Credit: AP

InterGlobe Aviation on Tuesday reported a loss of ₹870.8 crore in the three months ending in March.

The parent of the country’s largest airline IndiGo had a profit after tax of ₹595.8 crore in the year-ago period.

In the latest March quarter, revenue from operations rose to ₹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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Printable version | Jul 5, 2020 4:55:35 PM | https://www.thehindu.com/business/Industry/indigo-posts-871-crore-quarterly-loss/article31730814.ece

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