Indigo reports quarterly net loss

For the quarter ended March 2022, IndiGo has reported a net loss of Rs 16,818 million excluding foreign currency loss of Rs 6,123 million, while the net loss for the quarter aggregated to Rs 10,695 million. The Indian airline has been impacted by a new Covid wave that has led to a dampening of demand. For the quarter ended March 2022, which was impacted by the Omicron wave, IndiGo reported a net loss of Rs 16,818 million,. In FY2022, Indigo reported an increase in the number of passengers by 62.3% compared to the previous financial year. It also recorded strong