BENGALURU, May 27 (Reuters) - Interglobe Aviation INGL.NS, the owner of India's largest airline by market share, IndiGo, saw quarterly profit rise more than five-fold, as it was able to raise prices, potentially benefiting from the collapse of rival Jet Airways JET.NS.
Profit rose to 5.90 billion rupees ($84.87 million) for the fourth quarter ended March 31, versus 1.18 billion rupees a year earlier.
IndiGo's yield, a measure of airfare, rose 12% during the quarter.
($1 = 69.5150 Indian rupees)
Market Share Of Domestic Airlineshttps://tmsnrt.rs/2I28wuv
(Reporting by Krishna V Kurup in Bengaluru; Editing by Himani Sarkar)
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