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IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%

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InterGlobe Aviation -- parent company of IndiGo airline -- on Monday reported a whopping 168 per cent rise in its third quarter (Q3 FY20) consolidated net profit at Rs 496 crore on the back of increasing load factor and higher operating income. In Q3 FY19, it had posted net profit of Rs 185 crore. During the September quarter of current fiscal (Q2 FY20), the budget airline had reported its highest ever quarterly loss of Rs 1,066 crore.

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