InterGlobe Aviation Q1 net up 37% on higher passenger revenue

InterGlobe Aviation Ltd, owner of India’s largest airline IndiGo, posted a 37 per cent increase in quarterly profit on Monday, helped by higher passenger revenue.

The company said its profit was Rs 811 crore ($126.42 million) in the first quarter ended June 30, compared with Rs 592 crore a year earlier. 

Passenger revenue rose 27.9 per cent to Rs 5,078 crore in the quarter, InterGlobe said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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