...
...
Next Story

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
Advertisement

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.

HT Image
HT Image
 
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe