IndiGo flies high despite turbulence from a falling rupee
India’s largest airline IndiGo reported a profit of Rs 2,499 crore in October-December period- 18 % lower than Rs 2,998 crore during the corresponding period last year as a depreciating rupee played spoilsport in an otherwise strong quarter. Excluding the impact of currency fluctuation the company reported a profit of Rs 3,850 crore, 26% higher…