IndiGo profit doubles to ₹1,895 crore in March qtr
Millennium Post Delhi|New Delhi 24May2024
IndiGo had a PAT of Rs 919.2 crore in the year-ago period
IndiGo profit doubles to ₹1,895 crore in March qtr

The country's largest airline IndiGo on Thursday reported more than doubling of its profit after tax to Rs 1,894.8 crore in the 2024 March quarter, fuelled by higher traffic, increased capacity and favourable external environment.

For the year ended March 2024, the airline posted a net profit of Rs 8,172.5 crore on record total income of Rs 18,505.1 crore.

In the first quarter of the current financial year, the airline has projected the capacity in terms of ASK to rise by 10-12 per cent compared to the yearago period.

Available Seat Kilometre (ASK) is an indicator of capacity.

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