IndiGo nets nearly $1 billion annual profit, a first for Indian carriers

IndiGo nets nearly $1 billion annual profit, a first for Indian carriers - Qoneqt

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IndiGo nets nearly $1 billion annual profit, a first for Indian carriers

The Rahul Bhatia-founded LCC on Thursday reported a profit of Rs 1,895 crore this Jan-March, up 106% from Rs 919 crore in Q4 last fiscal. It reported an annual profit of Rs 8,172.5 crore in FY24, against a loss of Rs 306 crore in the previous fiscal. The airline’s scrip closed at around Rs 4,400.6 on BSE Thursday, up 0.9%.

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