Aviation major IndiGo on Thursday posted a consolidated net profit of Rs 919 crore for the January-March period as against a loss of Rs 1,682 crore in the year-ago period.
On a sequential basis, profit fell 35% from Rs 1,423 crore in the preceding December quarter.
Revenue from operations during the March quarter rose 76% year-on-year to Rs 14,160 crore. It was Rs 8,021 crore in the corresponding quarter of last year.
Passenger ticket revenues during the fourth quarter rose 81% to Rs 12,435 crore, while ancillary revenues were Rs 1,445 crore, showing an increase of 37% compared to the same period last year.
IndiGo said the profits of the third and the fourth quarters largely compensated for the losses incurred in the first and the second quarters.
