November 05, 2024 14:52 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pakistan's Lahore has become world's most polluted city with an AQI of 1900 on Sunday | Indian Army 'successfully completes' patrolling to a key point in Ladakh's Depsang region | US presidential election: Donald Trump ahead of Kamala Harris in swing states, poll survey predicts | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row | 'I strongly condemn Hindu temple attack, intimidation of our diplomats': PM Modi amid Canada row
Indigo records net loss of Rs 1,435.7 crore in Q2FY22
Indigo Q2FY22 Results

Indigo records net loss of Rs 1,435.7 crore in Q2FY22

| @indiablooms | 28 Oct 2021, 11:16 pm

Mumbai/IBNS: Interglobe Aviation Ltd, which runs India's biggest airline IndiGo, reported a net loss of Rs 1,435.7 crore in the quarter ending September 30, 2021.

The company had reported a net loss of Rs 1,194.8 crore in the year-ago quarter.

However, revenue from operations surged 104.6 per cent year-on-year (YoY) to Rs 5,608.5 crore as the demand for air travelling increased in the quarter under review though there has been only 78 per cent capacity utilisation by the company.

Yield per kilometer improved during Q2FY22, rising 9.6 percent year- on- year but EBITDAR fell 16.6 per cent year-on-year to Rs 340.8 crore due to rising fuel prices.

IndiGo said it had total cash balance of Rs 16,553 crore, including Rs 6,351.6 crore of free cash and Rs 10,202.3 crore of restricted cash.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.