IndiGo Q3 result: Net profit jumps 168% YoY at Rs 496 cr, revenue rises 25%

On the sales front, the low-cost carrier (LCC) clocked Rs 10,330 crore during the recently concluded quarter, as against sales of Rs 8,229.3 crore year-on-year (Q3FY19).

InterGlobe Aviation – parent company of IndiGo airline – reported a consolidated net profit of Rs 496 crore during the December quarter of FY20 (Q3FY20). The figure was 167.9 per cent higher from a profit of Rs 185.2 crore logged in the December quarter of FY19.

During the September quarter of the current fiscal (Q2FY20), the budget carrier had reported its highest ever quarterly loss of Rs 1,065.6 crore.

“We reported a profit before tax of Rs 5.6 billion with a profit before tax margin of 5.6 per cent compared to 2.3 per cent profit before tax margin