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InterGlobe Aviation Q3 profit increases 56%

InterGlobe Aviation Ltd, has reported an increase in net profit of over 56% in the third quarter. This increase is majorly due to higher passenger ticket revenue and credit received from manufacturers.

Profit for the quarter stood at Rs.762 crore, while the revenue from operations increased approx 24% to Rs.6,178 crore.

Further, the company stated that, its revenue per available seat kilometer i.e a measure of its operating earnings increased approx 10.4% to Rs.384 crore.

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