IndiGo Q1 FY25 results: Net profit declines 11.7% to Rs 2,728.8 crore

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IndiGo Q1 FY25 results: Net profit declines 11.7% to Rs 2,728.8 crore - Business Standard

Quick Summary:

Elbers said the demand outlook for the remaining part of the financial year remains stable even as there have been some fluctuations here and there."We are confident about stable revenues as the operating environment in India is sustainable," he noted.

This is the first time after six quarters that India's largest airline has posted a decline in its consolidated net profit.

Negi mentioned that the number of A320ceo planes have increased as they have been leased for a short duration as a part of mitigation measures.