IndiGo posts Rs 871 crore quarterly loss due to COVID-19

Image Source : PTI (FILE) IndiGo posts Rs 871 crore quarterly loss due to COVID-19

InterGlobe Aviation IndiGo on Tuesday reported a loss of Rs 870.8 crore in the three months ended March.

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

In the latest March quarter, revenue from operations rose to Rs 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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