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IndiGo reports 300 per cent jump in net profit for FY15, at Rs 1,304 cr

IndiGo reports 300 per cent jump in net profit for FY15, at Rs 1,304 cr

The country's largest airline by market share has reported a 300 per cent jump in net profit in the financial year ended March, against Rs 317 crore profit the previous year.

Reuters
  • Updated Sep 10, 2015 6:29 PM IST
IndiGo reports 300 per cent jump in net profit for FY15, at Rs 1,304 cr

IndiGo, country's largest airline by market share, reported Rs 1,304 crore ($196 million) in net profit in the year to the end of March, two sources familiar with the matter said on Thursday, up from Rs 317 crore a year earlier.

IndiGo 's parent company InterGlobe Aviation is preparing to list on the stock exchange after filing a draft prospectus in June as it looks to cash in on the airline's success.

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The sources declined to be named because the results are not yet public.

($1 = Rs 66.4600 )

(Reuters)

Published on: Sep 10, 2015 5:17 PM IST
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