💨 Abstract

IndiGo, India's largest airline by market share, reported an 18.6% drop in third-quarter profit due to the rupee's depreciation, despite steady air travel demand and lower fuel costs. Profit fell to 24.42 billion rupees ($283 million) from 29.98 billion rupees the previous year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖