INSUBCONTINENT EXCLUSIVE:
Mumbai: Interglobe Aviation, which operates IndiGo airline, on Wednesday announced a 75% slump in its profit due to a weak operating
earlier.
Revenue rose 28 per cent to Rs 7,916 crore
But revenue per available seat kilometer, a measure of per seat per kilometer revenue fell 3 per cent
The cost equivalent rose 14.5 per cent
3,410 crore during quarter.
As of end December 31, IndiGo had a total cash balance of Rs 14,136 crore of cash comprising of Rs 4,618 crore
of free cash and rest restricted.
