{"id":355148,"date":"2020-06-03T10:07:38","date_gmt":"2020-06-03T04:37:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=355148"},"modified":"2020-06-03T10:11:45","modified_gmt":"2020-06-03T04:41:45","slug":"indigo-posts-rs-1290-crore-pre-tax-loss-in-q4-amid-covid-19-lockdown","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-posts-rs-1290-crore-pre-tax-loss-in-q4-amid-covid-19-lockdown\/","title":{"rendered":"IndiGo posts Rs 1,290 crore pre-tax loss in Q4 amid Covid-19 lockdown"},"content":{"rendered":"<p>The country\u2019s largest airline, IndiGo, will not pay any dividend to its shareholders for the financial year ended 2020, the company has announced. This, along with other cost-saving steps, would help the company generate liquidity of around Rs 4,000 crore to withstand the Covid-19 crisis, it said on Tuesday.<\/p>\n<p>Although unsure of revival in demand, Chief Financial Officer Aditya Pande said there was a slight uptick in forward bookings after the lockdown was relaxed.<\/p>\n<p>The company reported a consolidated pre-tax loss of Rs 1,290 crore in the March quarter as compared with a profit of Rs 626 crore in the year-ago period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The country\u2019s largest airline, IndiGo, will not pay any dividend to its shareholders for the financial year ended 2020, the company has announced. This, along with other cost-saving steps, would help the company generate liquidity of around Rs 4,000 crore to withstand the Covid-19 crisis, it said on Tuesday. Although unsure of revival in demand, Chief Financial Officer Aditya Pande said there was a slight uptick in forward bookings after the lockdown was relaxed. The company reported a consolidated pre-tax loss of Rs 1,290 crore in the March quarter as compared with a profit of Rs 626 crore in the [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-355148","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355148","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=355148"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355148\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}