New record: IndiGo reports highest quarterly profit at Rs 3,089 crore for Q1
NEW DELHI: IndiGo on Wednesday reported the highest ever quarterly profit for an Indian carrier at Rs 3089.2 crore in April-June 2023 period. Last Q1, the airline had a loss of 1,056.5 crore. The largest Indian carrier by domestic and international carriage saw its revenue at Rs 17160.8 crore this, up 32% from Rs 13018.8 crore in same period last fiscal. IndiGo’s scrip closed at Rs 2,565.75, down 0.18% on BSE Wednesday when the broader market was own over 1%.
The airline reported total cash at Rs 27,400 crore on June 30, 2023, up 43.7% from Rs 19,069.4 crore last June end. Its debt this June end was Rs 46,291.9 crore, 17.9% more than Rs 39,277.6 crore last June. The airline had 316 aircraft on June 30, 2023, 12 more than last year same time.
