IndiGo Q1 Results: Loss narrows to Rs 1,064 crore; revenue surges 328% YoY
NEW DELHI: InterGlobe Aviation NSE -2.54 %, which runs airline IndiGo, on Wednesday reported a narrowing of losses to Rs 1,064.30 crore in the June quarter compared with a loss of Rs 1,681.80 crore in the March quarter and Rs 3,174.20 crore in the year-ago quarter.
Headwinds caused by depreciating rupee and higher fuel prices led to losses, the company said in a BSE filing.
Revenues from operations surged 327.50 per cent YoY to Rs 12,855.30 crore compared with Rs 3,006.90 crore in the year-ago quarter.
