IndiGo posts record Q1 nos, net worth slips into negative territory
Mumbai: Interglobe Aviation, which flies the airline IndiGo, began FY22 with a record quarterly loss–the effect of a devastating second wave of the Covid19 pandemic– which, for the first time, pushed its net worth into negative territory.
India’s biggest carrier by market share widened its net loss to Rs 3,174 crore for April-June from Rs 2,844 crore a year earlier.
