{"id":381527,"date":"2020-10-31T11:57:43","date_gmt":"2020-10-31T06:27:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=381527"},"modified":"2020-10-31T13:09:12","modified_gmt":"2020-10-31T07:39:12","slug":"indigo-posts-rs-1194-cr-loss-for-september-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-posts-rs-1194-cr-loss-for-september-quarter\/","title":{"rendered":"IndiGo posts Rs 1,194 cr loss for September quarter"},"content":{"rendered":"<p>Budget carrier IndiGo on Thursday reported a net loss of Rs 1,194 crore for the second quarter ended September 30.<\/p>\n<p>It had posted a net loss of Rs 1,062 crore in the September quarter of the previous financial year. In the April-June period this year, the airline had incurred a net loss of Rs 2,884 crore. <\/p>\n<p>The airline\u2019s total income stood at Rs 3,029 crore in the second quarter of 2020-21, a decrease of 64.5 per cent over the year-ago period, it said in a statement.<\/p>\n<p>Its total expenses in the September 2020 quarter were Rs 4,224 crore, which is 55.9 per cent lower than the year-ago period.<\/p>\n<p>IndiGo Chief Executive Officer Ronojoy Dutta said, \u201cWe are slowly but surely stair-stepping our way back to normal capacity. While we are much focused on managing the crisis of the present, we are also reimagining the promise of the future.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Budget carrier IndiGo on Thursday reported a net loss of Rs 1,194 crore for the second quarter ended September 30. It had posted a net loss of Rs 1,062 crore in the September quarter of the previous financial year. In the April-June period this year, the airline had incurred a net loss of Rs 2,884 crore. The airline\u2019s total income stood at Rs 3,029 crore in the second quarter of 2020-21, a decrease of 64.5 per cent over the year-ago period, it said in a statement. Its total expenses in the September 2020 quarter were Rs 4,224 crore, which is [&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":[196,130,138],"tags":[],"class_list":["post-381527","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381527","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=381527"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/381527\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=381527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=381527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=381527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}