IndiGo Q4 results: Firm posts quarterly loss of Rs 871 crore as costs rise, pandemic hits

Mumbai: IndiGoNSE 9.15 % plunged to a loss for the Jan-Mar quarter from a profit a year earlier on a weak operating performance, primarily as air travel fell most of march before being completely suspended in its last week.

The airline posted a consolidated loss of Rs 871 crore for the quarter compared to a net profit of Rs 596 crore in the corresponding quarter last year. Loss for the full year was Rs 234 crore compared to a net profit of Rs 157 crore the previous year.