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IndiGo posts Q3 net loss of Rs 620 crore, revenue falls 50.6% YoY

Consolidated EBITDA fell 49.8 percent YoY to Rs 842.2 crore in Q3FY21 against Rs 1,676 crore in the same quarter last year.

January 28, 2021 / 04:11 PM IST
 
 
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Airline major InterGlobe Aviation (IndiGo) on January 28 reported a consolidated net loss of Rs 620 crore for the quarter ended December 31, 2020, against a profit of Rs 496 crore in the corresponding quarter a year ago.

The company's revenue for the quarter fell 50.6 percent YoY to Rs 4,910 crore against Rs 9,932 crore in Q3FY20.

Consolidated EBITDA fell 49.8 percent YoY to Rs 842.2 crore in Q3FY21 against Rs 1,676 crore in the same quarter last year.

EBITDA margin came at 17.1 percent against 16.9 percent YoY. EBITDAR reduced 49.7 percent to Rs 987.1 crore against Rs 1,961 crore YoY.