NEW DELHI: India's biggest airline by market share, IndiGo, reported 13.04 billion rupees ($196 million) in net profit in the year to the end of March, two sources familiar with the matter said on Thursday, up from 3.17 billion rupees a year earlier.

IndiGo's parent company InterGlobe Aviation Ltd is preparing to list on the stock exchange after filing a draft prospectus in June as it looks to cash in on the airline's success.

The sources declined to be named because the results are not yet public.

Copyright Reuters, 2015