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IndiGo Q1 net loss widens to Rs 3,174 crore; misses Street estimates

The budget carrier's revenue declined 51.6 per cent at Rs 3,006.9 crore during the quarter under study compared with revenue of Rs 6,223 crore clocked in the March quarter

Topics
InterGlobe Aviation | Q1 results | IndiGo Airlines

Nikita Vashisht  |  New Delhi 



Photo: Bloomberg
Photo: Bloomberg

InterGlobe Aviation-owned IndiGo airline’s June quarter (Q1FY22) net loss widened at Rs 3,174.2 crore on Tuesday amid a triple whammy of muted air traffic, oil prices rise, and depreciation of the rupee depreciated.

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First Published: Tue, July 27 2021. 16:37 IST

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