Delhi-based IndiGo has reported a profit before tax of Rs 993 crore in fiscal 2013 compared with Rs 64 crore in fiscal 2012. The data was submitted to the Directorate General of Civil Aviation today.
Profit after tax was Rs 787 crore against Rs 128 crore. Total revenue was at Rs 9,458 crore (Rs 5,718 crore), and this was mainly due to capacity expansion combined with improving yields.
Airline President, Aditya Ghosh, told
The airline flew just a little less than 16 million passengers in FY’13 up from 12.3 million previously. Rupee depreciation, fuel and airport charges are some of the main issues affecting the airline.
“The coming year will probably be most challenging,’’ Aditya added.
IndiGo Airlines is not a listed company.