{"id":427813,"date":"2021-07-28T11:20:45","date_gmt":"2021-07-28T05:50:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=427813"},"modified":"2021-07-28T11:20:45","modified_gmt":"2021-07-28T05:50:45","slug":"indigo-q1-results-airline-reports-larger-than-expected-net-loss-of-rs-3174-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-q1-results-airline-reports-larger-than-expected-net-loss-of-rs-3174-crore\/","title":{"rendered":"IndiGo Q1 results: Airline reports larger-than-expected net loss of Rs 3,174 crore"},"content":{"rendered":"<p>MUMBAI: InterGlobe Aviation NSE -2.78 %, operator of IndiGo Airlines, today reported a net loss of Rs 3,174.2 crore for the quarter ended June as against a net loss of Rs 2,844.3 crore in the year-ago quarter. Analysts had expected the company to report a net loss of Rs 2,301.7 crore for the quarter.<\/p>\n<p>The company\u2019s revenue from operations, however, surged 292 per cent year-on-year to Rs 3,006.9 crore for the reported quarter. The surge in revenues was largely a result of more operational days for flight operators in the country during the quarter as against the year-ago period that was hit by national lockdown.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: InterGlobe Aviation NSE -2.78 %, operator of IndiGo Airlines, today reported a net loss of Rs 3,174.2 crore for the quarter ended June as against a net loss of Rs 2,844.3 crore in the year-ago quarter. Analysts had expected the company to report a net loss of Rs 2,301.7 crore for the quarter. The company\u2019s revenue from operations, however, surged 292 per cent year-on-year to Rs 3,006.9 crore for the reported quarter. The surge in revenues was largely a result of more operational days for flight operators in the country during the quarter as against the year-ago period that [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-427813","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427813","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=427813"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427813\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=427813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=427813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=427813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}