InterGlobe Aviation Q3 Net Profit Falls 78% to Rs 550 Crore, Revenue Up 6%

** IndiGo Q3 Profit Plunge** **InterGlobe Aviation**, parent company of budget carrier **IndiGo**, has reported a significant contraction in its bottom line for the December quarter. The airline witnessed a sharp decline in consolidated net profit, falling by **78%** year-on-year. The reported profit for the quarter stands at **Rs 550 crore**. This marks a steep drop from the **Rs 2,449 crore** profit recorded during the corresponding period in the previous fiscal year.