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IndiGo gains 3% as December quarter profit jumps 2-fold, pares gains later

The company's total income surged a robust 25.5 per cent to Rs 10,330.2 crore in the latest December quarter from Rs 8,229.3 crore in the corresponding period a year ago

IndiGo puts tech start-ups at the heart of its plan to become global player

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SI Reporter New Delhi

2 min read Last Updated : Jan 28 2020 | 10:44 AM IST

Shares of InterGlobe Aviation, the parent company of budget carrier IndiGo, soared over 3 per cent to Rs 1,541.2 on the BSE on Thursday after the company reported a steep rise in profit after tax (PAT) at Rs 496 crore for the quarter ended December 2019, mainly helped by higher income. The company had a profit after tax of Rs 185.2 crore in the year-ago period.

The company's total income surged a robust 25.5 per cent to Rs 10,330.2 crore in the latest December quarter from Rs 8,229.3 crore in the corresponding period a year ago.

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Topics : IndiGo InterGlobe Aviation Markets

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