IndiGo's strong Q4 results
Cruising Heights|June 2023
IndiGo recently announced its 'best ever' fourth quarter results, demonstrating robust financial performance amid challenging market conditions
IndiGo's strong Q4 results

The company reported a profit of Rs 919 crore ($128.66 million) and a significant year-onyear revenue growth of 76 per cent.

The airline said that the profits of the third and the fourth quarters largely compensated for the losses incurred in the first and the second quarters. IndiGo's impressive financial performance can be attributed to several factors, including forex gains and the steady recovery in passenger demand, despite the ongoing challenges faced by the aviation industry. The airline's profit reflects a substantial improvement compared to the previous year.

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