India covid-19 Government Waves India

₹3,179 cr as revenue hit by severe second Covid wave

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₹3174.17 crore in the quarter ended 30 June, 2021. The aviation company had posted a loss of ₹2,844 crore in the year-ago period.

The company's revenue from operations plunged 48% quarter-on-quarter (QoQ) to ₹3,0007 crore in Q1FY22 as against ₹6,223 crore in Q4FY21.

However, on year-on-year basis, the carrier's revenues zoomed 292% as against ₹767 crore in the corresponding quarter in the previous year, IndiGo said in a regulatory filing.

It also saw a 59% rise in total expenses in the quarter to ₹6,344 crore "During the current quarter, the country was under a severe impact of second wave of Covid-19.

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