IndiGo Q4 results: Firm posts quarterly loss of Rs 873 crore as costs rise\, pandemic hits

BENGALURU: Interglobe Aviation Ltd, which runs India's largest airline Indigo, reported a quarterly loss on Tuesday as its expenses rose and the COVID-19 pandemic hit operations.

The company reported a net loss of Rs 873 crore ($116.19 million) for the fourth quarter ended March 31, compared to a profit of 5.90 billion rupees a year earlier.

Revenue from operations rose 5.3% to Rs 829.9 crore.