IndiGo reports net profit of Rs 1,422 crore in Q3

Source From: ENT 2023-02-03 07:49:07

IndiGo airline reported a profit of Rs 20,091 million excluding foreign exchange loss for the quarter ending December 2022. The airline reported a net profit for the quarter aggregated to Rs 1,422 crore including foreign exchange loss of Rs 5,865 million (Rs 586.5 crore).

The airline reported a net profit of Rs 1,422 crore, compared to net profit of Rs 1,298 million (Rs 129.8 crore) as compared to the same period last year marking over 10 times growth.

As per the results declared by InterGlobe Aviation Ltd on Friday, total income for the quarter ended December 2022 was Rs 154,102 million, an increase of 62.6 per cent over the same period last year.

For the quarter, passenger ticket revenues were Rs 131,624 million, an increase of 63 per cent and ancillary revenues were Rs 14,222 million, an increase of 24.6 per cent compared to the same period last year.