InterGlobe Aviation Ltd, the operator of India’s top airline IndiGo, on Friday reported an eleven-fold jump in quarterly profit led by a pick up in demand for air travel.
The airline has been contending with surging fuel costs and currency volatility tha t hit profit for the past three quarters.
However, a sharp recovery in demand for air travel to near pre-Covid levels in the domestic and international markets more than offset the fuel expenses.
