IndiGo posts Rs 189cr net profit in July-Sep quarter

03 Nov 2023

Business

IndiGo posts Rs 189cr net profit in July-Sep quarter

The low-cost airline's revenue from operations rose 19.5 per cent to Rs 14,943 crore from Rs 12,497 crore in the same period of the previous year.The increase in revenue comes on the back of a sharp rise in domestic travel during the quarter compared to the previous year.Sequentially, IndiGo had reported a profit of Rs 919 crore on sales of Rs 14,160 crore in January-March quarter and a profit of Rs 3,090 crore on sales of Rs 16,683.1 crore in the April-June quarter of the current fiscal.The July-September quarter is usually weak for the aviation sector as monsoon rains restrict air travel.--IANSpannu/pgh

(Disclaimer: This post has been auto published from IANS news agency without any modification to the text and has not been reviewed by editor)

IndiGo posts Rs 189cr net profit in July-Sep quarter

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