IndiGo reports highest-ever profit of Rs 3,091 cr in Q1FY24, revenue up 30%
IndiGo Q1FY24 results: InterGlobe Aviation-owned IndiGo was back in the black in the April-June quarter (Q1) of financial year 2023-24 (FY24) as it clocked highest-ever quarterly net profit of Rs 3,090.6 crore during the period.
In the corresponding period of the previous fiscal (Q1FY23), the low-cost airline had reported net loss of Rs 1,064.2 crore.
Sequentially, the profit jumped 236 per cent from Rs 919.8 crore profit seen in the March quarter of FY23 (Q4FY23).
