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IndiGo logs best-ever Q4 profit after soaring Mahakumbh sales
Financial Express Lucknow
|May 22, 2025
INTERGLOBE AVIATION, WHICH runs India's largest carrier IndiGo, posted its best-ever March quarter profits, riding on robust demand for the Mahakumbh festival.
INTERGLOBE AVIATION, WHICH runs India's largest carrier IndiGo, posted its best-ever March quarter profits, riding on robust demand for the Mahakumbh festival. With plane seats in short supply, fares in February had soared. The Gurugram-based company recorded a consolidated net profit of ₹3,068 crore in Q4FY25, a 62% jump year-on-year (y-o-y). It also beat the consensus estimates from Bloomberg of ₹2,574 crore.
Pieter Elbers, CEO, IndiGo, said demand had been good in the fourth quarter as had the execution "with Mahakumbh obviously helping".
Cette histoire est tirée de l'édition May 22, 2025 de Financial Express Lucknow.
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