IndiGo Q3 profit zooms to Rs 2,998 crore; only Rs 90 crore less than its highest-ever quarterly gain

IndiGo reports Q3 profit of Rs 2,998.1 crore, up 111% from the previous fiscal. The airline has recovered from COVID losses and has become net worth positive again. Capacity increased by 26.8%; passengers increased by 23.4% to 2.7 crores; yield rose by 2% and load factor improved to 85.8%. Revenue from operations increased by 30.3% to Rs 19,452.1 crore.

Feb 2, 2024 - 12:00
IndiGo Q3 profit zooms to Rs 2,998 crore; only Rs 90 crore less than its highest-ever quarterly gain
IndiGo reports Q3 profit of Rs 2,998.1 crore, up 111% from the previous fiscal. The airline has recovered from COVID losses and has become net worth positive again. Capacity increased by 26.8%; passengers increased by 23.4% to 2.7 crores; yield rose by 2% and load factor improved to 85.8%. Revenue from operations increased by 30.3% to Rs 19,452.1 crore.