{"id":534485,"date":"2022-11-05T10:30:28","date_gmt":"2022-11-05T05:00:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=534485"},"modified":"2022-11-05T10:30:28","modified_gmt":"2022-11-05T05:00:28","slug":"indigos-q2-loss-widens-to-rs-1585-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigos-q2-loss-widens-to-rs-1585-cr\/","title":{"rendered":"IndiGo\u2019s Q2 loss widens to Rs 1,585 cr"},"content":{"rendered":"<p>InterGlobe Aviation, the parent company of IndiGo, India\u2019s largest carrier, on Friday saw its standalone net loss widen by 10% to Rs 1,585 crore for the three months ended September. The loss was worse than the Bloomberg estimate of Rs 1,284.5 crore.<\/p>\n<p>An increase in fuel expenses due to a weaker rupee and a surge in employee costs eroded margins. However, the total revenue from operations for the quarter jumped 123% to Rs 12,479 crore following an 80% increase in passenger numbers to 19.7 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>InterGlobe Aviation, the parent company of IndiGo, India\u2019s largest carrier, on Friday saw its standalone net loss widen by 10% to Rs 1,585 crore for the three months ended September. The loss was worse than the Bloomberg estimate of Rs 1,284.5 crore. An increase in fuel expenses due to a weaker rupee and a surge in employee costs eroded margins. However, the total revenue from operations for the quarter jumped 123% to Rs 12,479 crore following an 80% increase in passenger numbers to 19.7 million.<\/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":[196,130,138],"tags":[],"class_list":["post-534485","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\/534485","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=534485"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/534485\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=534485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=534485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=534485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}