IndiGo posts record quarterly profit on strong demand, lower fuel prices

New Delhi, 2/8: IndiGo operator Interglobe Aviation Ltd reported a record quarterly profit on Wednesday on strong demand for air travel and a fall in jet fuel prices.

 

 

India’s biggest airline by market share posted a profit of 30.87 billion rupees ($373.87 million) for the three months to June 30, compared with a loss of 10.65 billion rupees a year earlier.

 

Revenue from operations jumped nearly 30 per cent to 166.83 billion rupees.