{"id":511709,"date":"2022-08-04T11:22:57","date_gmt":"2022-08-04T05:52:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511709"},"modified":"2022-08-04T11:56:18","modified_gmt":"2022-08-04T06:26:18","slug":"q1-report-card-indigo-revenue-soars-328-to-rs-12855-crore-loss-narrows","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/q1-report-card-indigo-revenue-soars-328-to-rs-12855-crore-loss-narrows\/","title":{"rendered":"Q1 report card: IndiGo revenue soars 328% to Rs 12,855 crore; loss narrows"},"content":{"rendered":"<p>India\u2019s largest airline IndiGo clocked record revenue in the quarter ended June, but yet ended up making a loss on the back of high fuel prices and a weak rupee.<\/p>\n<p>While the airline\u2019s revenue from operations surged 328 per cent to Rs 12,855.3 crore from Rs 3,007 crore in the year-ago period, it reported a loss of Rs 1,064.3 crore. However, the Q1FY23 loss was 66.5 per cent less than the loss incurred by the airline in the corresponding period a year ago, IndiGo said in a statement.<\/p>\n<p>Fuel prices for Indian airlines almost doubled in June 2022 as compared to a year ago.<\/p>\n<p>Brokerages had expected losses for the sector to narrow sequentially despite nearly 40 per cent quarter-on-quarter (QoQ)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest airline IndiGo clocked record revenue in the quarter ended June, but yet ended up making a loss on the back of high fuel prices and a weak rupee. While the airline\u2019s revenue from operations surged 328 per cent to Rs 12,855.3 crore from Rs 3,007 crore in the year-ago period, it reported a loss of Rs 1,064.3 crore. However, the Q1FY23 loss was 66.5 per cent less than the loss incurred by the airline in the corresponding period a year ago, IndiGo said in a statement. Fuel prices for Indian airlines almost doubled in June 2022 as compared [&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-511709","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\/511709","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=511709"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511709\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}