India’s Interglobe Aviation bounces back to profit on strong travel demand

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India’s Interglobe Aviation bounces back to profit on strong travel demand

NEW DELHI, Feb 4 (Reuters)Interglobe Aviation Ltd INGL.NS, which operates India’s biggest airline, reported a quarterly profit on Friday due to a rebound in travel demand during the holiday season, though fuel costs surged.

The IndiGo parent reported a net profit of 1.28 billion rupees ($17 million) in the three months to Dec. 31, compared with a loss of 6.27 billion rupees a year earlier.

(Reporting by Aditi Shah; Editing by Vinay Dwivedi)

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