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IndiGo April-June profit declines 7.4% to ₹592 cr
NEW DELHI: InterGlobe Aviation Ltd, which owns budget carrier IndiGo, reported a 7.4% fall in net profit to ₹591.77 crore for the quarter ended June 30, 2016, from
Published on: Aug 2, 2016, 07:21:15 IST
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NEW DELHI: InterGlobe Aviation Ltd, which owns budget carrier IndiGo, reported a 7.4% fall in net profit to ₹591.77 crore for the quarter ended June 30, 2016, from ₹638.89 crore, mainly due to competitive ticket pricing. Revenue during the quarter rose 9.7% year-on-year ₹4,741.45 crore.
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