Airline major InterGlobe Aviation, which operates IndiGo flights, on Friday reported standalone net profit of Rs 130 crore for the quarter ending December 31, 2021 due to a rebound in travel demand during the holiday season, though fuel costs surged. It reported net loss of Rs 620 crore in the year-ago period.
Revenue from operations rose 90% to Rs 9,295 crore as against Rs 4,910 crore in Q3FY21.
The company announced the appointment of its co-founder Rahul Bhatia as the company's Managing Director with immediate effect.
"The Board of Directors have unanimously approved the appointment of Rahul Bhatia, currently a

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