{"id":297912,"date":"2019-10-25T11:44:46","date_gmt":"2019-10-25T06:14:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297912"},"modified":"2019-10-25T11:44:46","modified_gmt":"2019-10-25T06:14:46","slug":"indigo-reports-record-q2-loss-of-rs-1062-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-reports-record-q2-loss-of-rs-1062-crore\/","title":{"rendered":"IndiGo reports record Q2 loss of Rs 1,062 crore"},"content":{"rendered":"<p>Interglobe AviationNSE -9.62 % on Thursday posted a quarterly loss of Rs 1,062 crore, its biggest ever since the owner of IndiGo airline went public four years ago, primarily due to its failure to keep a check on costs.<\/p>\n<p>The company reported a net loss of Rs 1,062 crore for the second quarter of the financial year, compared with Rs 652 crore a year earlier when it posted its first net loss since the 2015 listing.<\/p>\n<p>Revenue from operations rose 31% to Rs 8,105 crore. Revenue per available passenger kilometre at the nation\u2019s biggest airline by market share increased 5.7%, while yield or average price rose 9.4%. Indigo\u2019s fuel cost increased just 3% to Rs 3,115 crore, but other expenses jumped 45% to Rs 6,456.2 crore, widening the net loss.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interglobe AviationNSE -9.62 % on Thursday posted a quarterly loss of Rs 1,062 crore, its biggest ever since the owner of IndiGo airline went public four years ago, primarily due to its failure to keep a check on costs. The company reported a net loss of Rs 1,062 crore for the second quarter of the financial year, compared with Rs 652 crore a year earlier when it posted its first net loss since the 2015 listing. Revenue from operations rose 31% to Rs 8,105 crore. Revenue per available passenger kilometre at the nation\u2019s biggest airline by market share increased 5.7%, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-297912","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=297912"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297912\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}