IndiGo parent Interglobe posts quarterly loss as costs rise, pandemic hits

Interglobe Aviation Ltd, which runs India’s largest airline Indigo, reported a quarterly loss on Tuesday as its expenses rose and the COVID-19 pandemic hit operations.
File Photo (Reuters)
File Photo (Reuters)
Updated on

Bengaluru

The company reported a net loss of 8.73 billion Indian rupees ($116.19 million) for the fourth quarter ended March 31, compared to a profit of 5.90 billion rupees a year earlier.

Revenue from operations rose 5.3% to 82.99 billion rupees.

($1 = 75.1355 Indian rupees)

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Related Stories

No stories found.
X

DT Next
www.dtnext.in