Business News
Home > Business News
IndiGo Q4 Profit Shoots Up By A Massive 401%
TIWN
TIWN
![IndiGo Q4 Profit Shoots Up By A Massive 401% IndiGo Q4 Profit Shoots Up By A Massive 401%](http://www.tripurainfoway.com/viewimage.php?src=http://www.tripurainfoway.com/news_pic/2019/1-1559017497.jpg&w=567)
PHOTO : TIWN
New Delhi, May 28 (TIWN): InterGlobe Aviation, the operator of India's leading budget airlines IndiGo, reported a 401.2 percent increase in its quarterly profit for March 2019 at Rs 589.6 crore from Rs 117.6 crore in the same period, last year.
While the profits in March 2018 were greatly affected by high fuel prices that form a significant part of operating expenses, the suspension of services by Jet Airways helped IndiGo's growth in the fourth quarter of 2018-19.
Add your Comment
Comments (0)
More Business News
- India's business activity surges to 3-month high in July
- Rs 6.67 lakh crore investment needed by 2031-32 to expand thermal power capacity
- Adani Energy Solutions posts 73 pc net profit growth in Q1, revenue surges 43 pc
- Centre's fiscal consolidation plan will boost India's credit profile: Global agencies
- Experts clarify new capital gains tax regime for realty sector