India's IndiGo airline posts Q3 profit drop

India's IndiGo airline posts Q3 profit drop as rupee depreciates
India's IndiGo airline operator Interglobe Aviation reported an 18.6% drop in third-quarter profit on Friday, as foreign exchange losses ballooned, outweighing steady air travel demand and lower fuel costs.
IndiGo Q3 results: Profit slips 18% to Rs 2,449 crore; revenue up 14%
The airline's revenue from operations rose 13.7 per cent to Rs 22,110.7 crore from Rs 19,452.1 crore in the year-ago period. Total income for the quarter ended December 2024 was at Rs 22,992.8 crore,
IndiGo Q3 results: Net profit drops 18.6% to Rs 2,449 cr, revenue up 14%
Consolidated revenue from operations, however, grew by 13.7 per cent at Rs 22,110.7 crore from Rs 19,452.1 crore
IndiGo Q3 profit falls 18% to ₹2,449 cr despite 15% revenue growth
India's largest airline saw its total income for the quarter ended December 2024 surge to ₹22,992.8 crore, an increase of 14.6% over the same period last year
IndiGo Q3 Results: Profit drops by 18.32% to Rs 2448.80 crore despite strong demand for air travel, lower fuel cost
IndiGo posted revenue from operations at Rs 22,110.70 crore, up 13.67 per cent as against Rs 19,452.10 crore during the third quarter of FY24.
India's IndiGo airline posts Q3 profit drop on rupee depreciation
India's IndiGo airline operator Interglobe Aviation reported an 18.6% drop in third-quarter profit on Friday, as the rupee's sharp depreciation outweighed steady air travel demand and lower fuel costs.
IndiGo Q3 result: Profit drops 18% YoY despite strong air travel demand; key highlights
InterGlobe Aviation reported an 18.32% year-on-year decline in net profit for Q3, totalling ₹2,448.8 crore, down from ₹2,998.1 crore a year earlier.
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IndiGo's Q3 net profit dips 18% despite increase in revenue
The company's Earnings Before Interest, Taxes, Depreciation, Amortization and Restructuring (EBITDAR) stood at ₹6,059 crore.
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