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ā¢ InterGlobe Aviation, the operator of low-cost airline IndiGo, posted a profit of Rs 188.9 crore for the quarter ended September 2023, compared to a net loss of Rs 1,583.33 crore in the same period a year ago.
ā¢ Revenue from operations rose 19.5 percent to Rs 14943 crore, led by a sharp rise in domestic travel demand in India.
ā¢ IndiGo surpassed market expectations with its Q1FY2024 results, reporting a profit of Rs 3,090 crore on sales of Rs 16,683.1 crore.