InterGlobe Aviation third-quarter profit rises over 56 percent

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Reuters
Last Updated : Jan 24 2018 | 3:56 PM IST

(Reuters) - InterGlobe Aviation Ltd, the owner of India's biggest airline IndiGo, said net profit rose over 56 percent in the third quarter, helped by higher passenger ticket revenue.

Net profit for October-December was 7.62 billion rupees ($119.76 million) compared with 4.87 billion rupees in the year-ago quarter. https://bsmedia.business-standard.combit.ly/2n6aVe3

Passenger ticket revenue rose 21.8 percent for the quarter to 53.22 billion rupees.

($1 = 63.6275 Indian rupees)

(Reporting By Arnab Paul in Bengaluru; Editing by Sunil Nair)

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First Published: Jan 24 2018 | 3:42 PM IST

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