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<keyword id="19899187" type="General" weightage="20" keywordseo="InterGlobe-Aviation" source="keywords" meta.keywordsubtype="org" meta.entityname="InterGlobe Aviation" meta.hostid="261" meta.entityid="InterGlobe Aviation">InterGlobe Aviation</keyword>, the parent of the country's largest airline <keyword id="19899182" type="General" weightage="20" keywordseo="IndiGo" source="keywords">IndiGo</keyword>, on Thursday reported more than doubling of profit after tax to Rs 1,894.8 crore in the three months ended March 2024. The airline had a profit after tax of Rs 919.2 crore in the year-ago period, according to a statement. In the fourth quarter of the last financial year, total income jumped to Rs 18,505.1 crore from Rs 14,600.1 crore. "FY24 has been a year of many remarkable achievements and milestones. For the full financial year 2024, we reported our highest ever total income of around 712 billion rupees (Rs 71,200 crore) with a net profit of around 82 billion rupees (Rs 8,200 crore) and a net profit margin of 11.9 per cent. The 4th quarter financial results were positive, making it all four quarters in FY24 profitable," IndiGo CEO <keyword id="20307450" type="General" weightage="20" keywordseo="Pieter-Elbers" source="keywords">Pieter Elbers</keyword> said. He also said the strong execution of the company's strategy has yielded consistent results. At the end of March, the airline had a fleet of 367 planes, including 13 on damp lease.

IndiGo Q4 profit jumps to Rs 1,895 crore; Strong execution of company strategy key, says CEO

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IndiGo Q4 profit jumps to Rs 1,895 crore; Strong execution of company strategy key, says CEO

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