InterGlobe Aviation fell 1.40% to Rs 1,124.10 at 9:31 IST on BSE after net profit fell 24.6% to Rs 440.30 crore on 18.5% growth in revenue from operations to Rs 4848.21 crore in Q4 March 2017 over Q4 March 2016.
The result was announced after market hours yesterday, 9 May 2017.Meanwhile, the S&P BSE Sensex was up 130.62 points, or 0.44% to 30,063.87.
On the BSE, 26,000 shares were traded in the counter so far, compared with average daily volumes of 61,632 shares in the past one quarter. The stock had hit a high of Rs 1,135 and a low of Rs 1,118 so far during the day. The stock hit a 52-week high of Rs 1,170 on 21 April 2017. The stock hit a 52-week low of Rs 790 on 11 August 2016.
The stock had outperformed the market over the past one month till 9 May 2017, rising 4.93% compared with 1.21% rise in the Sensex. The scrip had also outperformed the market in past one quarter, rising 34.20% as against Sensex's 5.81% rise.
The large-cap company has equity capital of Rs 361.47 crore. Face value per share is Rs 10.
InterGlobe Aviation's earnings before interest, taxation, depreciation, amortization and rent costs (EBITDAR) declined 6.6% to Rs 1449.16 crore in Q4 March 2017 over Q4 March 2016. EBITDAR margin contracted to 29.9% in Q4 March 2017, from 37.9% in Q4 March 2016. InterGlobe Aviation's board recommended a final dividend of Rs 34 per share for the year ended March 2017 (FY 2017).
InterGlobe Aviation is the operator of low cost passenger airline IndiGo.
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