IndiGo results (on a consolidated basis) Q4FY24 Y-0-Y chg (%) Q-0-0(%) (In cr) Total revenue 18,505.10 Total expenses 16,734.10 Net profit 1,894.50 Source: Company DEEPAK PATEL New Delhi, May 23 IndiGo on Thursday posted a consolidated net profit of ₹1,894.5 crore for the fourth quarter of 2023-24 (FY24), registering 106.2 per cent growth year-on-year (Y-o-Y) amid high demand for air travel.
Also, the low-cost airline announced a shift in its business model, with plans to introduce a business class on "busiest and busi26.2 -7.8 22.3 -1.9 106.2 -36.6 ness routes" by the end of this year. As on March 31, 2024, IndiGo operated 367 aircraft serving 88 domestic and 30 international destinations, all of which were economy class.
In a conference call with analysts, Chief Executive Officer (CEO) Pieter Elbers said that more details about the business class offering would be announced in August, coinciding with the airline's 18th anniversary.
Diese Geschichte stammt aus der May 24, 2024-Ausgabe von Business Standard.
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