IndiGo Q1 profit zooms 43 times to Rs 1,203 crore on 44% YoY jump in revenue
InterGlobe Aviation, parent of air carrier IndiGo, on Friday said profit after tax soared 43 times to Rs 1,203.10 crore in the June quarter compared with Rs 27.80 crore in the same quarter last year.
Analysts in an ET NOW poll were expecting a profit of Rs 743 crore.
Revenue from operations jumped 44.7 per cent to Rs 9,420.10 crore on a 30.3 per cent increase in capacity compared with the year-ago period.
