IndiGo net profit rises 23.6% as non-fuel expenses fall

InterGlobe Aviation, which owns low-cost airline IndiGo, has reported a year-on-year rise of 23.6% in its net profits for the quarter ended September. The net profit stood at ₹139.84 crore as against ₹113.1 crore in the corresponding period last year. IndiGo President Aditya Ghosh said the airline was able to reduce non-fuel cost significantly to increase its profitability.