IndiGo posts Rs 130 cr Q3 profit on higher passenger revenues; appoints Rahul Bhatia as MD

Fuelled by higher passenger revenues, the country’s largest airline IndiGo on Friday posted a profit after tax of Rs 129.8 crore in the three months ended December 2021 amid the pandemic clouds.

InterGlobe Aviation, the parent of IndiGo, had slipped into a loss of Rs 620.1 crore in the year-ago period.
In a significant development, the company has appointed its Co-Founder Rahul Bhatia as Managing Director with immediate effect and he would oversee all aspects of the airline.