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IndiGo profit falls 20 pc to Rs 2,176 crore in June quarter
IndiGo profit falls 20 pc to Rs 2,176 crore in June quarter

News18

timea day ago

  • Business
  • News18

IndiGo profit falls 20 pc to Rs 2,176 crore in June quarter

Agency: New Delhi, Jul 30 (PT) The country's largest airline IndiGo on Wednesday saw its profit after tax decline 20 per cent to Rs 2,176.3 crore in the three months ended June. The carrier had a profit after tax of Rs 2,728.8 crore in the year-ago period. 'Despite a challenging operating environment marked by geopolitical tensions, airspace restrictions and the tragic accident in the Indian aviation sector, IndiGo reported a net profit of Rs 21,763 million for the quarter ended June 30, 2025," InterGlobe Aviation, the parent of IndiGo, said in a release. The passenger volumes demonstrated a strong growth of around 12 per cent year-over-year reflecting resilient demand despite the external headwinds, it added. PTI RAM ANU ANU Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

India extends airspace closure for Pakistan planes till Aug 24
India extends airspace closure for Pakistan planes till Aug 24

News18

time23-07-2025

  • Politics
  • News18

India extends airspace closure for Pakistan planes till Aug 24

Agency: PTI New Delhi, Jul 23 (PTI) India has extended the closure of its airspace for Pakistan planes by another month till August 24. In the wake of the Pahalgam terror attack that killed 26 people on April 22, India closed its airspace for planes operated, owned or leased by Pakistan airlines and operators, including military flights, with effect from April 30. The ban is part of various measures taken by the government against Pakistan following the Pahalgam terror attack. 'The Notice to Airmen (NOT AM) restricting Pakistani aircraft from entering Indian airspace has been officially extended till 23rd August 2025," Minister of State for Civil Aviation Murlidhar Mohol said. This extension reflects continued strategic considerations and is in line with prevailing security protocols, the minister said in a post on X late on Tuesday. Initially, the ban was to end on May 24 and the same was extended first till June 24 and then till July 24. The fresh NOTAM is applicable till 2359 hours (UTC) on August 23, which means till 0530 hours (IST) on August 24. Meanwhile, Pakistan has also extended by one month the closure of its airspace for Indian aircraft till August 24. On April 24, Pakistan banned its airspace for India until May 24, after the Indian government suspended the Indus Water Treaty with Pakistan. The airspace curb was extended till June 24, then till July 24 and again by another month. PTI RAM ANU ANU (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 23, 2025, 11:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

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