IndiGo posts highest-ever quarterly profit of ₹3,090 cr in Q1FY24

InterGlobe Aviation Limited (IndiGo) on Wednesday reported a net profit of ₹3,090 crore for the June quarter of FY24 and this is its highest-ever quarterly net profit. The low-cost airline had reported a net loss of ₹1,064.2 crore in the corresponding quarter of the previous fiscal. Revenue from operations jumped 30% year-on-year to ₹16,683 crore in the reporting quarter.