{"id":632859,"date":"2024-02-03T10:17:15","date_gmt":"2024-02-03T04:47:15","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=632859"},"modified":"2024-02-03T12:33:40","modified_gmt":"2024-02-03T07:03:40","slug":"indigo-q3-profit-more-than-doubles-to-rs-2998-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-q3-profit-more-than-doubles-to-rs-2998-crore\/","title":{"rendered":"IndiGo Q3 profit more than doubles to Rs 2,998 crore"},"content":{"rendered":"<p>IndiGo\u2019s parent InterGlobe Aviationon on Friday reported more than doubling of its profit after tax to Rs 2,998.1 crore in the three months ended December 2023, as it remained profitable for the fifth straight quarter. In the year-ago period, the profit after tax stood at Rs 1,422.6 crore.<\/p>\n<p>\u201cFor the third quarter of financial year 2024, we reported a profit after tax of 30 billion rupees with a profit after tax margin of 15.4 per cent. With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive again,\u201d IndiGo CEO Pieter Elbers said in a release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndiGo\u2019s parent InterGlobe Aviationon on Friday reported more than doubling of its profit after tax to Rs 2,998.1 crore in the three months ended December 2023, as it remained profitable for the fifth straight quarter. In the year-ago period, the profit after tax stood at Rs 1,422.6 crore. \u201cFor the third quarter of financial year 2024, we reported a profit after tax of 30 billion rupees with a profit after tax margin of 15.4 per cent. With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive again,\u201d [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-632859","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=632859"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/632859\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=632859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=632859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=632859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}