IndiGo reported a net profit of INR 29,981 million for the quarter ended December 2023.
Profitable results over the last 5 consecutive quarters is an outcome of focused execution of strategy and robust demand.
InterGlobe Aviation Ltd. (“IndiGo”) have reported their third quarter fiscal year 2024 results.
A quick snapshot - For the quarter ended December 31, 2023, compared to the same period last year:
Capacity increased by 26.8% Passengers increased by 23.4% to 27.5 million
Yield increased by 2.0% to INR 5.48 and load factor improved by 0.7 points to 85.8%
Revenue from Operations increased by 30.3% to INR 194,521 million
Reduction in fuel CASK by 6.7% to INR 1.88 CASK ex fuel decreased by 4.2% to INR 2.64 EBITDAR of INR 54,751 million (28.1% EBITDAR margin), compared to EBITDAR of INR 33,990 million (22.8% EBITDAR margin)
Excluding foreign exchange loss, profit amounted to INR 30,491 million compared to profit of INR 20,091 million
Net profit of INR 29,981 million, compared to net profit of INR 14,226 million
We post full financials below:
A full analysis and breakdown of the results, including key insights are available for our premium clients. Please get intouch with your local client manager inorder to schedule a briefing call.
dre aviation
London
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