Business Standard

Top headlines: Govt approves stake sale in HZL; IndiGo Q4 loss widens

Business Standard brings you the top headlines on Wednesday

Photo: Bloomberg

Photo: Bloomberg

BS Web Team New Delhi
IndiGo Q4 results: Loss widens to Rs 1,682 cr on higher fuel costs

InterGlobe Aviation, which operates flights under IndiGo brand, on Wednesday reported that its consolidated loss widened to Rs 1,682 crore for the quarter ending March 31, 2022 as higher fuel costs more than offset a rebound in demand for air travel. It reported consolidated loss of Rs 1,147 crore in the year-ago period when a raging pandemic kept people at home.

However, the resurgence in air travel demand helped the company's consolidated revenue from operations jump 29% to Rs 8,021 crore in Q4FY22 as against Rs 6,223

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 25 2022 | 5:38 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to