IndiGo operator Interglobe Aviation Ltd reported a record quarterly profit on Wednesday on strong demand for air travel and a fall in jet fuel prices.
India’s biggest airline by market share posted a profit of 30.87 billion rupees ($373.87 million) for the three months to June 30, compared with a loss of 10.65 billion rupees a year earlier.
Revenue from operations jumped nearly 30 per cent to 166.83 billion rupees.
Fuel costs for the company fell 12.7 per cent in the June quarter from a year earlier, it said.
