IndiGo logs profit for 4th quarter in row
IndiGo has reported a profit of Rs 189 crore in the September quarter, against a loss of Rs 1,583 crore in Q2 last fiscal. India's largest domestic airline saw its total income rise 21% to Rs 15,503 crore this Q2 from Rs 12,582 crore last year. The airline's capacity increased by 27.7% and passengers carried rose 33.4% to 2.6 crore in the traditionally weakest travel quarter. IndiGo scrip closed flat at Rs 2,509 on the BSE on Friday.
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