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IndiGo posts Rs 871 crore loss in March quarter


Content Team

InterGlobe Aviation on Tuesday reported a loss of Rs 870.8 crore in the three months ended March. The parent of the country's largest airline IndiGo had a profit after tax of Rs 595.8 crore in the year-ago period. In the latest March quarter, revenue from operations rose to Rs 8,299.1 crore. Closure of flight operations during national lockdown on account of COVID-19 significantly impacted revenue for the quarte, it said.