InterGlobe Aviation, the operator of IndiGo, posted a profit of INR 30.906 bn for the quarter ended June 2023, as compared to a net loss of INR 10.64bn in the same period last year. Revenue from operations rose 29.8% to INR 166.83bn from the year-ago period when the airline had reported a topline of INR 128.55bn. The surge in revenue was led by a sharp rise in domestic travel during the quarter, as demand for domestic travel in India has continued to surge for the past two quarters. Sequentially, IndiGo had reported a profit of INR 9.19bn on sales of
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.