Home / Companies / Results / IndiGo Q4 loss at Rs 871 cr, defers new capacity addition amid Covid-19

IndiGo Q4 loss at Rs 871 cr, defers new capacity addition amid Covid-19

"With the prevailing uncertainty due to pandemic, we are not in a position to provide capacity growth guidance," the airline stand in a statement.

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For the full fiscal year, the low cost airline’s net loss stood at Rs 233.7 crore.

4 min read Last Updated : Jun 03 2020 | 6:32 AM IST

Private airline IndiGo on Tuesday reported a net loss of Rs 870.8 crore for the March quarter of FY20 (Q4FY20) as air travel remained severely disrupted during the quarter due to the coronavirus (Covid-19) outbreak.

The airline had logged a net profit of Rs 589.6 crore in the year-ago quarter (Q4FY19), and Rs 496 crore in the December quarter of FY20.

"Closure of flight operations during national lockdown on account of Covid-19 significantly impacted revenue for the quarter. IndiGo reports net loss of Rs 8,70.8 crore and EBITDAR of INR 86.7 crore for the quarter ended March 2020. With

Topics : IndiGo Q4 result Q4 earnings IndiGo Markets

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