IndiGo Q3 profit rises over 2-fold to ₹496 cr, income jumps 25.5%
NEW DELHI/MUMBAI : InterGlobe Aviation, the parent company of budget carrier IndiGo, on Monday reported a steep rise in profit after tax at ₹496 crore for the three months ended December 2019, mainly helped by higher income.
The company had a profit after tax of ₹185.2 crore in the year-ago period, according to a regulatory filing.
Its total income surged a robust 25.5% to ₹10,330.2 crore in the latest December quarter from ₹8,229.3 crore in the corresponding period a year ago.
Of this, passenger ticket revenue was ₹8,770.30 crore, an increase of 24.1% y-o-y, while the ancillary revenue during the quarter stood at ₹1,037.30 crore, registering a growth of 28.8% over the year-ago period, the airline said.
