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Source: Highlights The airline, which had a fleet of 285 planes at the end of March 2021, had a net loss of Rs 870.8 crore in the year-ago period. The total income was at Rs 8,634.6 crore in the 2020 March quarter. Total income fell 58 percent to Rs 15,677.6 crore in the last financial year. InterGlobe Aviation, parent of the country s largest airline IndiGo, on Saturday reported a consolidated net loss of Rs 1,147.2 crore in the three months ended March, primarily due to a sharp decline in revenues amid the coronavirus pandemic. The airline, which had a fleet of 285 planes at the end of March 2021, had a net loss of Rs 870.8 crore in the year-ago period. ....
IndiGo lost Rs 16 crore daily in Covid-ravaged FY 21 with a net loss at Rs 5,806 crore IndiGo lost Rs 16 crore daily in Covid-ravaged FY 21 with a net loss at Rs 5,806 crore IndiGo lost Rs 16 crore daily in Covid-ravaged FY 21 with a net loss at Rs 5,806 crore Saurabh Sinha / TNN / Jun 5, 2021, 21:59 IST FacebookTwitterLinkedinEMail Up Next IndiGo is India’s largest airline in terms of passenger carriage. (File photo) NEW DELHI: Indigo has incurred a loss of Rs 1,147.2 crore in the January-March quarter (Q4 of FY 21) due to the surge in Covid cases, compared to a loss of Rs 870.8 crore in same period in the previous fiscal. Revenue from operations fell by 25% to reach Rs 6,222.9 crore in Q4 as compared to the same period last fiscal. ....