NEW DELHI: IndiGo has reported its highest ever quarterly profit and revenue in the bumper October-December 2022 travel period. While its profit this Q3 was Rs 1,422. 6 crore — up 996% from Rs 129. 8 crore in same period last year — the total income was at Rs 15,410. 2 crore — 62. 6% higher than Rs 9,480. 1 crore in last Q3. Before this Q3, the airline had reported its highest ever revenue and profit at Rs 9,786 crore and Rs 1,203 crore, respectively, in April-June 2019 as a result of Jet Airways getting grounded and other airlines getting higher loads at higher fares. IndiGo stock closed at Rs 2,098 on Friday on BSE.
IndiGo’s total cash balance as on December 31, 2022, was Rs 21,924. 7 crore, comprising Rs 10,612. 5 crore of free cash and Rs 11,312. 1 crore of restricted cash.
