{"id":297963,"date":"2019-10-25T12:09:44","date_gmt":"2019-10-25T06:39:44","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=297963"},"modified":"2019-10-25T12:09:44","modified_gmt":"2019-10-25T06:39:44","slug":"indigo-q2-loss-rises-63-to-cross-rs-1000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-q2-loss-rises-63-to-cross-rs-1000-crore\/","title":{"rendered":"IndiGo Q2 loss rises 63% to cross Rs 1,000 crore"},"content":{"rendered":"<p>NEW DELHI: India\u2019s only profitable airlines has flown deeper into red with a loss of Rs 1,062 crore this July-September quarter, 63% more than Rs 651 crore lost in same period last year.<br \/>\nThe low cost carrier said its highest-ever quarterly loss was \u201caccentuated by forex losses and re-assessment of future maintenance cost.\u201d The scrip of IndiGo, whose founder-promoters Rahul Bhatia and Rakesh Gangwal are engaged in a bitter legal battle for control, closed 0.75% up at Rs 1,666.35 on BSE Thursday.<br \/>\nThe airline\u2019s total income in the weak travel Q2 rose 31% from Rs 6,514 crore in Q2 FY-19 to Rs 8,540 crore this time on a 24.2% increase in capacity. And the total cost rose 27.6% from Rs 7,501 crore in last Q2 to Rs 9,571.6 crore this time.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India\u2019s only profitable airlines has flown deeper into red with a loss of Rs 1,062 crore this July-September quarter, 63% more than Rs 651 crore lost in same period last year. The low cost carrier said its highest-ever quarterly loss was \u201caccentuated by forex losses and re-assessment of future maintenance cost.\u201d The scrip of IndiGo, whose founder-promoters Rahul Bhatia and Rakesh Gangwal are engaged in a bitter legal battle for control, closed 0.75% up at Rs 1,666.35 on BSE Thursday. The airline\u2019s total income in the weak travel Q2 rose 31% from Rs 6,514 crore in Q2 FY-19 [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-297963","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297963","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=297963"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/297963\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=297963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=297963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=297963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}