IndiGo’s Q3 profit scales up Rs 129.8 crore

InterGlobe Aviation, which operates aircraft under the IndiGo brand, reported a net profit of Rs 129.8 crore for the third quarter of the current financial year, compared to a net loss of Rs 620 crore for the same time the previous year. In the quarter ending December 31, 2021, the company's revenue from operations increased by 89.3% year on year to Rs 9,294.8 crore.

For the quarter ending December 31, 2021, the company's basic earnings per share were Rs 3.37. "I'm glad to inform that we made a profit in the third quarter. It underlines the basic strength of our company approach. Throughout this health crisis, our workers have been a pillar of strength and have consistently delivered exceptional service to our customers "In a statement, InterGlobe Aviation CEO Ronojoy Dutta stated.

The total income for the quarter ending December 2021 was Rs 9,480.1 crore, up 84.3 percent from the same period the previous year.

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