Air India reported Rs 7,017 crore loss during the financial year 2020-21 amid travel restrictions and flight bans due to the Covid-19 pandemic.
The loss after tax stood at Rs 7,017 crore in the year through 31 March 2021, down from a Rs 7,766 core loss recorded in the previous year, an Air India filing said on Thursday.
Air India’s revenue from operations dropped at Rs 10,343 core in FY21 from Rs 27,711 crore year ago.
The Board of Directors of the company at its meeting held on October 14, 2021 has inter alia approved the Audited Standalone Financial Results of the Company for the year ended March 31, 2021.