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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.

Tommy Wilkes | September 10, 2015 | Updated 18:29 IST
IndiGo reports Rs 1,304 crore net profit in FY15

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.

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

($1 = Rs 66.4600 )

(Reuters)

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