Business
Mixed Fortune : IndiGo Sees 20% Decline In Profit Tax At Rs 2,176.3 Crore ; But Witnesses 12% Passenger Growth
InterGlobe Aviation, the parent of IndiGo which had a domestic market share of 64.5 per cent in June, posted a profit after tax of Rs 2,728.8 crore in the year-ago period.
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The country’s largest airline IndiGo has reported a 20 per cent decline in profit after tax at Rs 2,176.3 crore for the June quarter as airspace curbs and overall challenging operating environment crimped its bottom line even as the carrier flew 12 per cent more passengers during the period.
As reported by PTI, InterGlobe Aviation, the parent of IndiGo which had a domestic market share of 64.5 per cent in June, posted a profit after tax of Rs 2,728.8 crore in the year-ago period.
In the first quarter of the current fiscal, total income climbed 6.4 per cent to Rs 21,542.6 crore.
In the year-ago period, the same stood at Rs 20,248.9 crore.
IndiGo CEO Pieter Elbers said the June quarter was shaped by significant external challenges that created headwinds for the entire aviation sector.
“Despite these industry wide disruptions, we reported a net profit of Rs 21,763 million with a net profit margin of around 11 per cent for the quarter ended June 2025.