InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Thursday reported more than doubling of profit after tax to ₹1,894.8 crore in the three months ended March 2024.
The airline had a profit after tax of ₹919.2 crore in the year-ago period, according to a statement.
In the fourth quarter of the last financial year, total income jumped to ₹18,505.1 crore from ₹14,600.1 crore.
"FY24 has been a year of many remarkable achievements and milestones. For the full financial year 2024, we reported our highest ever total income of around 712 billion rupees (₹71,200 crore) with a net profit of around 82 billion rupees (₹8,200 crore) and a net profit margin of 11.9 per cent. The 4th quarter financial results were positive, making it all four quarters in FY24 profitable," IndiGo CEO Pieter Elbers said.
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He also said the strong execution of the company's strategy has yielded consistent results.
At the end of March, the airline had a fleet of 367 planes, including 13 on damp lease.