IndiGo Q4 profit surges 62% YoY to Rs 3,067 crore; board recommends dividend Rs 10 per share

IndiGo’s parent company, InterGlobe Aviation, announced a significant rise in net profit for the fourth quarter. The airline’s board proposed a dividend of Rupees ten per share. Revenue also increased compared to the previous year. However, the full financial year saw a dip in net profit despite revenue growth. This decline resulted from increased expenses, including fuel costs.