IndiGo’s Profit Soars Five Times, Records INR 590 Crore in Q4
India’s biggest airline by market share IndiGo has reported a five-fold profit jump in the quarter ended in March 31. The airline’s net profit rose to INR 5,896 million, an increase of 401.2% compared to the same period last year. Jet Airways’ closure was IndiGo’s gain; the financial result clearly shows. Other factors that might have influenced IndiGo’s performance could be the decline in Brent crude prices and also the... Read More
