IndiGo reported fourth-quarter profit that missed analysts’ estimates, as rising fuel costs offset the post-Covid travel rebound at India’s largest airline.
Net income at parent company InterGlobe Aviation Ltd. was 9.16 billion rupees ($111 million) in the period ended in March, short of the 16.2 billion rupees expected by analysts.
Revenue from operations surged 77% to 141.6 billion rupees from a year earlier.
