IndiGo net soars over 37% to Rs 811 crore

Interglobe Aviation, that owns the country's largest airline IndiGo, today reported its highest quarterly profit with a 37.1 per cent increase in bottom line at Rs 811 crore for the three months to June.
The New Delhi-based carrier, that enjoys over 40 per cent market share, said its revenue clipped past 25.6 per cent to Rs 5,955 crore, driven by higher passenger revenue that grew 5.5 per cent and higher load factor that grew 4.7 per cent pushing up the overall yields by 200 bps.
The airline attributed the good set of numbers to overall improvement in all key operational metrics, including overhead cost, which declined by 2.5 per cent.

The carrier ended the quarter with a fleet of 135 aircraft, including 22 A320 Neos.
The Interglobe counter closed almost flat at Rs 1290.75 on the BSE against the benchmark Sensex that rallied 0.63 per cent to close a new lifetime high at 32,515 points.