![IndiGo Q1 profit falls 11.7% to ₹2,728 crore](https://images.assettype.com/fortuneindia%2F2024-04%2F9ad06bd3-75cb-4efe-9047-a01731a8158c%2FIndigo_NB_06645__1_.jpg?rect=0,312,2048,1024&w=300&q=95)
IndiGo Q1 profit falls 11.7% to ₹2,728 crore
IndiGo's total expenses jumped 24% to ₹17,449 crore in the June quarter, with aircraft fuel expenses at ₹6,416 crore, up 22.7% compared to ₹5,228 crore in the year-ago period.
IndiGo's total expenses jumped 24% to ₹17,449 crore in the June quarter, with aircraft fuel expenses at ₹6,416 crore, up 22.7% compared to ₹5,228 crore in the year-ago period.
The Indian financial sector in the Reserve Bank’s domain remains insulated from the global outage.
With its 1.55 crore domestic capability, India replaced Brazil which on the contrary saw a decline in its domestic market
Rahul Bhatia, the promoter and managing director of IndiGo, is looking to sell around 2% stake in the company through his entity Interglobe Enterprises.
Why India’s leading private airline IndiGo’s decision to introduce wide body aircraft for the first time received a muted response
IndiGo’s full-year profit zooms to ₹8,172.5 crore in FY24 compared to a net loss of ₹305.8 in FY23
Noteworthy is the surge in interest for Srinagar and Udaipur, showcasing the highest growth rates in search volumes compared to the same period last year.
The airline has purchase rights for an additional 70 Airbus A350 Family aircraft “for possible future needs under certain conditions”.
IndiGo says food served on board Indigo flights carries details on ingredients and nutritional info as per FSSAI rules
The new flight paths are longer and will increase operational costs for carriers, potentially leading to higher airfares.