IndiGo Q4 Results: Budget carrier IndiGo faced a tough fourth quarter in FY26, reporting a net loss of Rs ...More

IndiGo Q4 Results: Budget carrier IndiGo faced a tough fourth quarter in FY26, reporting a net loss of Rs 2,536 crore. Revenue saw a slight rise to Rs 22,438 crore. The airline navigated disruptions from the Middle East conflict and foreign exchange volatility. Despite these challenges, IndiGo maintained a strong balance sheet and liquidity. ...Less

IndiGo Q4 Results: InterGlobe Aviation, which operates budget airline Indigo, reported a 62% year-on-year ...More

IndiGo Q4 Results: InterGlobe Aviation, which operates budget airline Indigo, reported a 62% year-on-year growth in its Q4FY25 consolidated net profit at Rs 3,067 crore versus Rs 1,895 crore in the year ago period. The profit is attributable to the owners of the company. ...Less

IndiGo is expected to post significant growth in earnings in the fourth quarter as compared to the previo ...More

IndiGo is expected to post significant growth in earnings in the fourth quarter as compared to the previous year period. However, the sequential growth will likely be muted after a strong third quarter, albeit with a steady momentum. Net sales for the quarter could rise up to 75% year-on-year (YoY) to Rs 14,164 crore, according to an average estimate of five brokerages, mainly driven by a sharp improvement in passenger levels and an increase in overall yields. ...Less

Brokerages anticipate robust earnings from India’s premier airline in the fourth quarter. The results, sl ...More

Brokerages anticipate robust earnings from India’s premier airline in the fourth quarter. The results, slated for release on May 23, are expected to reveal a 16% year-on-year growth in revenue for the period. According to Motilal Oswal, Revenue Passenger Kilometers (RPK) is projected at 30 billion, marking a 16% increase from the previous year, while Passenger Load Factor (PLF) is anticipated to rise to 87.5%, up from 85.8% in 3QFY24. Additionally, Available Seat Kilometers (ASK) are forecasted to reach 34 billion, reflecting a 12% year-on-year uptick. ...Less

Total income for the quarter jumped 29 per cent YoY to Rs 8,207.50 crore from Rs 6,361.80 crore in the sa ...More

Total income for the quarter jumped 29 per cent YoY to Rs 8,207.50 crore from Rs 6,361.80 crore in the same quarter last year. ...Less

Nearly 130 companies, including Tata Motors and Indigo, will be announcing their December quarter earning ...More

Nearly 130 companies, including Tata Motors and Indigo, will be announcing their December quarter earnings. Tata Motors is expected to have a strong performance due to robust demand for vehicles in India and growth in volumes for Jaguar Land Rover. Indigo is also expected to post strong profit growth driven by improving passenger yields and fare prices. ...Less

InterGlobe Aviation's stock price in the airline industry rose by 17% in May 2023, hitting a record high ...More

InterGlobe Aviation's stock price in the airline industry rose by 17% in May 2023, hitting a record high of Rs 2412 on May 30, 2023. Experts suggest that medium to long-term investors should consider buying the stock now for a possible target of Rs 2,800-2,900 in the next 12 months. The stock surpassed its November 16 swing high of Rs 2379 on November 16, 2021, indicating a gradual uptrend. IndiGo, the aviation major, recently posted a net profit of Rs 919 crore for the January-March period, indicating positive fundamental growth for the company. ...Less