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Earlier this week, InterGlobe Aviation, the parent of IndiGo, saw its profit after tax more than doubling to Rs 2,998.1 crore in the December quarter from Rs 1,422.6 crore in the year-ago period.
The airline, which commands more than 60% share of India's domestic market, posted a profit of ₹2,998 crore in the three months ended December 31, compared to ₹1,422 crore a year earlier. Revenue climbed 30% to ₹19,452 crore.
Helped by higher capacity and increased passenger traffic, InterGlobe Aviation, the parent of IndiGo, saw its profit after tax jump in the third quarter of the current fiscal from Rs 1,422.6 crore in the year-ago period
Interglobe Aviation Q3 FY24 Results Live : Revenue increased by 30.26% YoY & profit increased by 110.75% YoY
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