💨 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 🤖
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