On Friday, IndiGo reported a net profit of Rs 30 billion for the third quarter of the fiscal year 2024, marking its fifth consecutive quarter of profitability and a profit after tax margin of 15.4 percent. IndiGo CEO Pieter Elbers expressed satisfaction with the company’s financial performance, stating, “With these 5 consecutive quarters of profit, we continue to recover from the losses of Covid and have now become net worth positive again.”
The airline attributed this profitable growth to the confidence exhibited by passengers who chose IndiGo for their travels. The statement expressed gratitude towards customers and the thousands of employees who consistently strive to provide excellent service. IndiGo highlighted that it served over 100 million passengers in a calendar year, achieving membership in the exclusive club of global carriers operating at such a scale. The airline also emphasized its operational reach, boasting of 2,000-plus daily flights to 118 destinations.
“Each achievement is a testament to our focused strategy, loyalty of our customers and dedication of 6E employees,” the statement concluded, underlining the significance of these milestones for the company.