 "IndiGo")
InterGlobe Aviation, parent of IndiGo airline, on Friday reported a net profit (PAT) of Rs 1,203 crore for the April-June quarter of financial year 2019-20 (Q1FY20), up 4,229.7 per cent year-on-year (YoY) from Rs 27.8 crore in Q1FY19. The profit rose 102 per cent on a sequential quarter basis. This was the airline's highest ever quarterly profit.
The profit beat analysts’ expectations, who had estimated a profit between Rs 608 crore and Rs 859 crore. For the quarter under review, the revenue stood at Rs 9,420.1 crore, up 44.65 per cent YoY from Rs 6,512 crore in Q1FY19, Interglobe Aviation
