InterGlobe Aviation shares jump over 3 pc post Q3 earnings

Image
Press Trust of India New Delhi
Last Updated : Jan 28 2020 | 11:20 AM IST

Shares of InterGlobe Aviation on Tuesday jumped over 3 per cent after the company reported a steep rise in profit after tax in the quarter ended December 2019.

The scrip climbed 3.23 per cent to Rs 1,541.20 on the BSE.

On the NSE, it gained 3 per cent to Rs 1,541.

The parent of the country's largest airline IndiGo on Monday reported a steep rise in profit after tax at Rs 496 crore in the three months ended December 2019, mainly helped by higher income.

The company had a profit after tax of Rs 185.2 crore in the year-ago period, according to a regulatory filing.

Its total income climbed to Rs 10,330.2 crore in the latest December quarter from Rs 8,229.3 crore in the corresponding period a year ago.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 28 2020 | 11:20 AM IST

Next Story