IndiGo Q2 results: Net loss widens on-year but revenue doubles
MUMBAI: InterGlobe Aviation NSE 6.60 %, which operates India’s largest airline IndiGo, reported a net loss of Rs 1,435.7 crore for the quarter ended September 2021 as against a net loss of Rs 1,194.8 crore in the year-ago quarter.
However, the company’s revenue from operations surged 104.6 per cent year-on-year (YoY) to Rs 5,608.5 crore on a surge in demand for air travelling during the quarter. The stellar revenue performance has come on the back of only 78 per cent capacity utilisation by the company.
