Q1FY21 results: IndiGo net loss Rs 2,844.29 crore

InterGlobe Aviation Limited (IndiGo), an Indian low-cost airline company announced its quarterly results on July 29, 2020. The company posted a consolidated net loss of Rs 2,844.29 crore for Q1FY21, which declined by 336.41 per cent, as compared to Q1FY20 when it reported Rs 1,203.14 crore.                                                                                                                                                  

The consolidated net sales reported in Q1FY21 came in at Rs 766.73 crore, which declined by 91.86 per cent YoY from Rs 9,420.06 crore in Q1FY20. At EBITDA level, the company stood at negative Rs 1,613.36 crore in Q1FY21 that decreased by 163.83 per cent YoY. For Q1FY20, it posted an EBITDA of Rs 2,527.61 crore.                                                                                                                                                           

EBITDA margin as of Q1FY21 was at -210.42 per cent that declined by 237.25 per cent YoY. The net profit margin in Q1FY21 came in at -370.96 per cent, which declined by 383.73 per cent YoY. The net profit margin in Q1FY20 was at 12.77 per cent.

The share closed 0.45 per cent lower at Rs 909.8 in today’s session. It has a 52 week high of Rs 1,911 and 52 week low of Rs 765.05 on BSE.