IndiGo Reports 3Q Profit Drop Amid Rising Forex Losses
IndiGo, India’s largest airline, has reported an 18.6% decline in profit for the third quarter of 2024, with net earnings falling to $283 million. The profit decrease was largely attributed to ballooning foreign exchange losses, which significantly impacted the airline’s financial performance during the quarter ending December 31, 2024.
Please SUBSCRIBE to view the full content.
First month of membership is free!
