Revenue measures lift IndiGo PAT to ₹1,203 cr

The combined effect of Jet Airways ceasing operations and enhanced revenue measures undertaken internally has helped IndiGo Airlines report its highest-ever profit after tax (PAT) of ₹1203.01 crore for the quarter ended June 30.

This is a jump over the ₹27.8-crore PAT reported in the last quarter.

“We continue to see a base increase of 5 per cent in our unit revenue due to these initiatives. Cessation of services by Jet Airways positively impacted our profits, helping our unit revenues to grow by 2-3 per cent, to the best of our estimates. This quarter also saw a high percentage of bookings in the 0-15 days window,” Ronojoy Dutta, CEO, IndiGo said in an analysts’ call.

Cargo revenue increased 35 per cent, also helped partially by cessation of Jet’s services.