{"id":355298,"date":"2020-06-03T11:58:50","date_gmt":"2020-06-03T06:28:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=355298"},"modified":"2020-06-03T12:03:57","modified_gmt":"2020-06-03T06:33:57","slug":"indigo-reports-rs-870-cr-net-loss-for-q4","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-reports-rs-870-cr-net-loss-for-q4\/","title":{"rendered":"IndiGo reports Rs 870 cr net loss for Q4"},"content":{"rendered":"<p>Covid-19-battered airline major IndiGo reported, here on Tuesday, over Rs 870 crore net loss for the fourth quarter of 2019-20. The airline had posted Rs 595.8 crore net profit in the year-ago quarter.<\/p>\n<p>The company&#8217;s revenue from operations grew 5.3 per cent to Rs 8,299.1 crore in the last quarter of FY20, compared with Rs 7,883.3 crore registered in the same period a year ago.<\/p>\n<p>&#8220;We are positioning ourselves to be a stronger brand, to have more efficient fleet and lower cost structure,&#8221; IndiGo&#8217;s CEO Ronojoy Dutta said.<\/p>\n<p>&#8220;We intend to deliver for India, the best air transportation system in the world.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Covid-19-battered airline major IndiGo reported, here on Tuesday, over Rs 870 crore net loss for the fourth quarter of 2019-20. The airline had posted Rs 595.8 crore net profit in the year-ago quarter. The company&#8217;s revenue from operations grew 5.3 per cent to Rs 8,299.1 crore in the last quarter of FY20, compared with Rs 7,883.3 crore registered in the same period a year ago. &#8220;We are positioning ourselves to be a stronger brand, to have more efficient fleet and lower cost structure,&#8221; IndiGo&#8217;s CEO Ronojoy Dutta said. &#8220;We intend to deliver for India, the best air transportation system in [&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":[212,130,144],"tags":[],"class_list":["post-355298","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-pioneer","category-newspapers","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355298","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=355298"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/355298\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=355298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=355298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=355298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}