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₹871 crore loss in January-March on surge in cost

city New Delhi India covid-19 pandemic prevention
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NEW DELHI: InterGlobe Aviation Ltd, which operates India’s largest airline IndiGo, reported a consolidated net loss of ₹871 crore for January-March, compared with a ₹596 crore profit in the year-ago quarter, because of a surge in cost amid tepid revenue growth.

The company's consolidated income rose 4.5% year-on-year to ₹8,635 crore for the March quarter, while costs soared by nearly a third to ₹9,924 crore.

This was reflected in the company’s 0.5% growth in revenue per available seat kilometre at ₹3.65 while cost metrics were up 26% at ₹4.21 per available seat kilometre.

The airline’s yield rose 1% at ₹3.74 per kilometre. “Closure of flight operations during national lockdown on account of covid-19 significantly impacted revenue for the

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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