IndiGo Q3 results: Net profit soars 111% as demand momentum continues
Fri, Feb 2, 2024 5:24 PM

IndiGo Q3 results: Net profit soars 111% as demand momentum continues

A Flip by Avya Verma
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InterGlobe Aviation Ltd, the parent company of IndiGo, reported huge profits in the December quarter due to strong demand for air travel and a fuel surcharge introduced in October. Net profit rose 111% to Rs 2,998.12 crore while revenue surged by 30%. The airline carried 243.10 lakh passengers and had a market share of 62.1%, an increase from the previous year.

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