Team Blitz India
NEW DELHI: IndiGo on May 23 announced a foray into business travel with an upcoming tailor-made’ product for the busiest routes on a day it announced a record profit of Rs 8,172 crore for the financial year 2024.
IndiGo also reported a net profit of Rs 1,894 crore for the fourth quarter of last fiscal against Rs 919 crore in the year-earlier period. This is the sixth straight profitable quarter for IndiGo since COVID-19 and the first year where all four quarters have been profitable.
In a press statement, IndiGo said the new business product will be operational before the end of 2024 and it will announce further details, including the routes and the launch date in August.
