US-Iran peace deal: Trump says Strait of Hormuz will be 'completely open' by Friday
PM Modi conferred with Slovakia's highest honour, his 33rd global recognition
Congress slams Amit Shah over rebel TMC MPs' merger with NCPI: 'Taken Indian democracy to new lows'
Israeli Ambassador Azar slams Islamabad's approach amid changing Middle East dynamics
IMD issues heavy rainfall warning for West Bengal, and these regions in next 7 days, check weather update in Delhi, NCR
‘Z’ records a robust opening weekend for FIFA World Cup 2026, entertains over 100 million viewers across platforms 
Vaibhav Sooryavanshi loses cool after India A's defeat to Sri Lanka A, video goes viral
Neeraj Chopra set to make comeback after injury break, participate in his first competition of 2026
Will Iranian American protests overshadow Iran’s World Cup 2026 opener against New Zealand?
WATCH: Why Japan fans stay back to clean stadiums after World Cup games?
Isakapatnam trailer: It's Samuthirakani vs Aishwarya Rajesh in engaging father-daughter fight for power, rule, netizens react
Pritam & Pedro: Arshad Warsi aka Circuit reunites with on-screen son Vir Hirani, but without Munna Bhai, Rajkumar Hirani, Vikrant Massey react
Amid Pranit More Rs 370 biryani controversy, Munawar Faruqui makes big statement: ‘Har cheez ki ek limit hoti hai’
Sanchita Ugale's suicide has connection with Sushant Singh Rajput's demise? Her brother makes SHOCKING statement: 'This industry put lot of pressure'
Amid Don 3 controversy, Ranveer Singh brings home Ferrari 296 GTB, it's on-road price will shock you
US Iran Peace Deal: World Reacts As Iran And US Reach Deal To End War
CJP Protest: CJP Founder Abhijeet Dipke Slapped, Beaten Before Addressing Crowd In Jaipur
Noida Airport News: First Flight Lands In Jewar As Noida International Airport Begins Operations
FIFA World Cup: How Brazil Stayed Undefeated In Openers For 92 Years 
CJP Protest: Cockroach Janta Party Gets Police Nod For Jaipur Protest Today, Sonam Wangchuk To Join
Maruti WagonR Flex Fuel: What’s price of India’s first ethanol car? Specs, mileage, and top features explained
Sensex jumps 1000 points, Nifty nears 24000 as US-Iran peace deal reached; banks, IT gain; What investors should note
Gold, silver prices today, June 15, 2026: Check city-wise rates in Delhi, Mumbai, Chennai, Kolkata and more
Gold, silver prices today, June 14, 2026: Check city-wise rates in Delhi, Mumbai, Chennai, Kolkata and more
Gold, silver prices today, June 13, 2026: Check city-wise rates in Delhi, Mumbai, Chennai, Kolkata and more
FIFA World Cup 2026: From Norway to Spain; Here's a look at 5 stunning home and away jerseys
IND vs AFG 1st ODI at Dharamsala: Know all about the spectacular stadium's features and challenges
OTT Releases This Week (June 8-14): Bhooth Bangla, Karuppu, Raakh, latest Indian films, web series to watch on Netflix, Prime Video, ZEE5, JioHotstar
Lionel Messi to Kylian Mbappe: Meet players carrying football's iconic number 10 jersey at FIFA World Cup 2026
From Sanya Khurana to Alana King: Indian-origin stars to watch in Women’s T20 World Cup 2026PM Modi conferred with Slovakia's highest honour, his 33rd global recognitionCongress slams Amit Shah over rebel TMC MPs' merger with NCPI: 'Taken Indian democracy to new lows' IMD issues heavy rainfall warning for West Bengal, and these regions in next 7 days, check weather update in Delhi, NCR
Why was Bangladesh PM Tarique Rahman's adviser detained at Delhi airport for over two hours?
Why India hasn’t banned social media for under-16s yet unlike UK, Australia
ICAI CA Final Exam 2026 result to be declared on June 18; Check steps to download, direct link
Mohenjodaro's 'Dancing Girl' with covered torso in NCERT textbook sparks debate; Why the focus on age-appropriateness?
NEET UG 2026 Refund Update: NTA issues fresh advisory, flags scam risks, reopens bank detail correction window
NEET UG 2026 Re-exam: More than 1,00,000 students to take exam, admit cards issued, double-layered security ensured
NEET-UG 2026 re-examination admit cards released at neet.nta.nic.in: Here's how to download itMaruti WagonR Flex Fuel: What’s price of India’s first ethanol car? Specs, mileage, and top features explained
Hyundai Creta 2026 Facelift Explained: What’s new, what’s gone, what it costs
Tata Motors to hike passenger vehicle prices from April 1 amid rising costs: Check revised prices
Renault Duster SUV launched in India: Check expected price, feature, variants, all details here 
Who is Ramamurthy Thyagarajan? Social entrepreneur with Rs 87,000-crore empire, transferred Rs 6,210 crore to his employeesBUSINESS
Indigo's shares fell 6.41% on Tuesday after the airline posted a 7% fall in its April-June net profit.
){kind=small}
Updated : Mar 22, 2018, 02:24 AM IST
 "Representational Image")
)
)
)
)
)
)
)
)
)
)
)
)
)
)
)
The shares of InterGlobe Aviation, IndiGo's parent company, fell nearly 7% on Tuesday after the airline posted a 7% fall in its net profit at Rs 591.77 crore in the June-end quarter.
Interglobe Aviation's shares fell 6.41%, down Rs 62.45 at Rs 911.50 per share on Tuesday.
The company said that its profitability fell mainly because of giving discounts on its tickets to remain competitive in the market.
In the April - June quarter, the company's profits fell from 638.89 crore to Rs 591.77 crore, down 7%. This was despite higher revenues.
The airline's total revenue rose by 9,7% to Rs 4,741.45 crore from Rs 4,211.54 crore in the same period last year, a PTI report said.
After discouraging results, IndiGo, which took the delivery of its first Airbus A320 neo earlier this year, said, it would go slow on inducting more aircraft. This is also likely to have a significant negative fallout on the airline, who's future plans are dependent on the new planes, the agency report said.
IndiGo already operates five A320 Neos and plans to have 24 more by March 2017.
