IndiGo’s Q1 net profit up 37%

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New Delhi, July 31 (IANS) Budget passenger carrier IndiGo on Monday reported an increase of 37 per cent in its net profit for the quarter ended June 30, 2017.

According to the airline, the net profit during the quarter under review increased to Rs 811.14 crore from Rs 591.77 crore in the like period of last fiscal.

The low cost carrier’s (LCC) total revenue during the quarter under review grew by 25.6 per cent to Rs 5,955.54 crore from Rs 4,741.45 crore reported in the corresponding quarter of 2016-17.

–IANS

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