IndiGo net profit rises 24% to ₹657 crore
InterGlobe Aviation, the parent company of Gurgaon-based low-cost airline IndiGo, on Thursday posted a net profit of ₹657.28 crore for the quarter ended December, registering a 24% rise year-on-year. The revenue of the company also rose nearly 12% year-on-year to ₹4,407.49 crore. The rise was reportedly fuelled by low fuel prices and an increase in passenger revenues. 