InterGlobe Aviation, the parent of the country’s largest airline IndiGo, on Friday (February 2) reported a 111% year-on-year (YoY) jump in net profit at ₹2,998 crore for the third quarter that ended December 31, 2023, on the back of unabated demand for air travel and a fuel surcharge introduced in October.
In the corresponding quarter last year, InterGlobe Aviation posted a net profit of ₹1,423 crore, the company said in a regulatory filing. The company’s revenue from operations increased 30% to ₹19,452 crore against ₹14,933 crore in the corresponding period of the preceding fiscal.
