India News | IndiGo Posts Rs 130 Crore Profit in Q3
Get latest articles and stories on India at LatestLY. InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday reported a profit after tax of Rs 129.8 crore in the three months ended December 2021.
New Delhi, Feb 4 (PTI) InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday reported a profit after tax of Rs 129.8 crore in the three months ended December 2021.
The company had posted a loss of Rs 620.1 crore in the year-ago period.
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Revenue from operations jumped to Rs 9,294.8 crore in the latest December quarter compared to Rs 4,910 crore in the same period a year ago.
"I am pleased that we were able to report a profit for the third quarter. It demonstrates that our business model is fundamentally strong.
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"Our employees have remained a pillar of strength throughout this health crisis and have steadfastly provided superior service to our customers," IndiGo CEO Ronojoy Dutta said in a statement.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)