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IndiGo Q4 Profit Shoots Up By A Massive 401%
TIWN
IndiGo Q4 Profit Shoots Up By A Massive 401%
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.

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