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IndiGo Q2 Results: Airline posts Rs 189-cr profit, revenue rises 20%

IndiGo, which is the largest airline in the country, said that the revenue surged on the back of a sharp rise in domestic travel during the quarter. ....

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IndiGo Q2 Results: IndiGo Q2 Results: Airline posts Rs 188-crore profit vs loss a year ago

Sequentially though, the bottomline was far lower than the Rs 3,091-crore profit posted in the June quarter, while revenue declined by more than 10% since the second quarter is typically a seasonally weak one for the sector. Earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR), surged to Rs 2,446 crore for the quarter, from Rs 229 crore a year ago. The operating margin subsequently expanded to 16.4% from 1.8% a year ago. ....

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