IndiGo Q1 result: Profit falls 12% to Rs 2,729 crore; revenue rises 17%

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The profit after tax (PAT) for the quarter was Rs 2,728.8 crore, down from Rs 3,090.6 crore in the same period last year...

InterGlobe Aviation Ltd, the parent company of IndiGo, reported an 11.7% decrease in its profit for the first quarter of the financial year 2024-25 (Q1 FY25) on Friday...

Despite this drop in profit, the airline's revenue from operations increased by 17.3% to Rs 19,570.7 crore, compared to Rs 16,683.1 crore in the previous years quarter...

IndiGo's passenger ticket revenues reached Rs 16,501.9 crore, marking a 10% rise year-on-year, while ancillary revenues grew by 13.9% to Rs 1,763.4 crore...

CEO Pieter Elbers said that the total income increase of 18% to Rs 20,250 crore and a net profit of Rs 2,730 crore, resulting in a strong margin of around 14%...