IndiGo Reports After Tax Profits of Rs 7,620 million for the October-December 2018 Quarter
IndiGo, the no-frills carrier has posted its latest quarterly earnings report for the quarter ending in December 2018 and despite rising costs in the industry, the airline has managed to post a profit as opposed to many other airlines. The carrier has been making constant inclusion in its fleet to expand its international and domestic operations. Recently, IndiGo posted its quarterly results for the quarter ending on December 28, 2018, and reported a post-tax profit of Rs 1,909 million and EBITDAR of Rs 16,814 million. However, the figures are not so rosy as they indicate profit. It is worth noting that in the same period last year, IndiGo reported an after-tax profit of Rs 7,620 million and an EBITDAR of Rs 20,019 million.
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