<p class="title">Interglobe Aviation Ltd, which operates India's top airline IndiGo, on Friday reported its highest-ever quarterly profit after tax in the June quarter, as the collapse of Jet Airways diverted passengers to other low-cost carriers.</p>.<p class="bodytext">The company and its peer SpiceJet Ltd have both seen a surge in passenger growth, after Jet Airways, once the country's biggest private carrier, declared bankruptcy.</p>.<p class="bodytext">Interglobe said its net profit for the three months ended June 30 rose to over 12 billion rupees ($174.29 million) from 277.9 million rupees a year ago. Revenue rose 45% to 94.2 billion rupees.</p>.<p class="bodytext">IndiGo's founders have recently been involved in an escalating dispute, dragging down the parent's shares.</p>.<p class="bodytext">IndiGo's yield, a measure of the average passenger fare per mile, rose 12.8%, reflecting the rising passenger preference for the airline, which is now India's biggest by market share.</p>.<p class="bodytext">Interglobe shares closed 0.28% higher on Friday amid a broader market that ended 1.53% down. ($1 = 68.8500 Indian rupees) </p>
<p class="title">Interglobe Aviation Ltd, which operates India's top airline IndiGo, on Friday reported its highest-ever quarterly profit after tax in the June quarter, as the collapse of Jet Airways diverted passengers to other low-cost carriers.</p>.<p class="bodytext">The company and its peer SpiceJet Ltd have both seen a surge in passenger growth, after Jet Airways, once the country's biggest private carrier, declared bankruptcy.</p>.<p class="bodytext">Interglobe said its net profit for the three months ended June 30 rose to over 12 billion rupees ($174.29 million) from 277.9 million rupees a year ago. Revenue rose 45% to 94.2 billion rupees.</p>.<p class="bodytext">IndiGo's founders have recently been involved in an escalating dispute, dragging down the parent's shares.</p>.<p class="bodytext">IndiGo's yield, a measure of the average passenger fare per mile, rose 12.8%, reflecting the rising passenger preference for the airline, which is now India's biggest by market share.</p>.<p class="bodytext">Interglobe shares closed 0.28% higher on Friday amid a broader market that ended 1.53% down. ($1 = 68.8500 Indian rupees) </p>