InterGlobe Aviation-owned IndiGo airline on Wednesday documented standalone internet loss of Rs 2,844.3 crore for June quarter of FY21 (Q1FY21), compared to revenue of Rs one,203 crore clocked in the former-year quarter. On a quarterly foundation, the loss widened 226.5 per cent from Rs 871 crore incurred in the March quarter of FY20.
“Closure of scheduled operations till May 24, 2020 and reduce capacity deployment thereafter on account of Covid-19, substantially impacted the quarterly success. lndiGo stories internet loss of Rs 2,844.3 crore,” explained the airline in a statement. The loss in advance of tax stood at Rs 2,842.6 crore