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    IndiGo parent Interglobe posts quarterly loss as costs rise, pandemic hits

    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.

    IndiGo parent Interglobe posts quarterly loss as costs rise, pandemic hits
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    File Photo (Reuters)

    Bengaluru

    The company reported a net loss of 8.73 billion Indian rupees ($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 82.99 billion rupees.

    ($1 = 75.1355 Indian rupees)

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