Thursday, November 28

IndiGo swings to profit of Rs 189cr this Q2 from Rs 1583cr loss last Q2

IndiGo has reported a profit of Rs 189 crore in the July-September 2023 quarter, as opposed to a loss of Rs 1,583 crore in Q2 last fiscal. India’s largest domestic airline saw its total income rise 21% to Rs 15,503 crore this Q2 from Rs 12,582 crore last time. The airline’s capacity increased by 27.7% and passengers carried rose 33.4% to 2.6 crore in the traditionally weakest travel quarter. IndiGo scrip closed flat at Rs 2,508.45 on BSE Friday when the broader market was up 0.4%.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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