{"id":418917,"date":"2021-06-07T08:38:17","date_gmt":"2021-06-07T03:08:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418917"},"modified":"2021-06-07T09:13:03","modified_gmt":"2021-06-07T03:43:03","slug":"indigo-q4-loss-widens-to-rs-1147-cr-as-higher-fuel-costs-virus-hit-biz","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-q4-loss-widens-to-rs-1147-cr-as-higher-fuel-costs-virus-hit-biz\/","title":{"rendered":"IndiGo Q4: Loss widens to Rs 1,147 cr as higher fuel costs, virus hit biz"},"content":{"rendered":"<p>Budget carrier IndiGo on Saturday reported consolidated net loss of Rs 1,147 crore for the March quarter (Q4FY21) as higher fuel costs and coronavirus-related disruptions weighed on the earnings. It had reported a net loss of Rs 871 crore during the same quarter a year earlier (Q4FY20) and Rs 620 crore loss in the previous quarter (Q3FY21).<\/p>\n<p>After a near washout in operations last year, the gradual recovery seen in domestic passenger demand waned from early March with the onslaught of second wave of coronavirus. <\/p>\n<p>The country&#8217;s largest airline&#8217;s revenue from operations fell 25 per cent to Rs 6,223 crore as compared to Rs 8,299 crore in the corresponding quarter of the last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Budget carrier IndiGo on Saturday reported consolidated net loss of Rs 1,147 crore for the March quarter (Q4FY21) as higher fuel costs and coronavirus-related disruptions weighed on the earnings. It had reported a net loss of Rs 871 crore during the same quarter a year earlier (Q4FY20) and Rs 620 crore loss in the previous quarter (Q3FY21). After a near washout in operations last year, the gradual recovery seen in domestic passenger demand waned from early March with the onslaught of second wave of coronavirus. The country&#8217;s largest airline&#8217;s revenue from operations fell 25 per cent to Rs 6,223 crore [&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-418917","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\/418917","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=418917"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418917\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}