© hindustantimes.comIndiGo posts Rs 2,844 crore quarterly loss
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InterGlobe Aviation on Wednesday reported a net loss of Rs 2,844.3 crore for the three months ended June as disruptions due to the coronavirus pandemic significantly impacted the airline.
The parent of the country’s largest airline IndiGo had a net profit of Rs 1,203.1 crore in the year-ago period.
In the first quarter of the current financial year, the airline’s total income declined 88 per cent to Rs 1,143.8 crore. In the year-ago period, the same stood at Rs 9,786.9 crore, according to a regulatory filing.