IndiGo’s Q3FY22 net profit up over Rs 129 cr, Rahul Bhatia appointed MD
Airline major IndiGo on Friday reported a net profit of Rs 129.8 crore on a year-on-year basis in Q3FY22.
The airline had posted a net loss of Rs 620.1 crore in the year-ago quarter.
Its total income for the quarter ended December 2021 was Rs 9,480.1 crore, representing an increase of 63.5 per cent over the same period last year.
Its passenger ticket revenues were Rs 8,073.1 crore, an increase of 98.4 per cent and ancillary revenues at Rs 1,141.7 crore, an increase of 41.3 per cent compared to the same period last year.
Furthermore, the airline said it had a total cash balance of Rs 17,318.9 crore comprising Rs 7,814.1 million of free cash and Rs 9,504.8 crore of restricted cash.
