Interglobe Aviation Ltd, the operator of India’s top airline IndiGo, reported a second consecutive quarterly profit on Thursday, as strong demand for air travel more than offset a jump in fuel expenses.
India’s biggest airline by market share reported a profit of Rs 919.2 crore in the three months to March 31, compared to a loss of Rs 1,681.8 crore a year before. During the quarter the passenger numbers increased by 60.5 per cent to 23.4 million.
Its revenue from operations increased by 76.5 per cent to Rs 14,160.60 crore.
