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IndiGo soars 13% as Q4 earnings beat Street expectation
Foreign brokerage Credit Suisse maintains 'Outperform' rating on the stock on hopes that the airline would turn profitable by FY22.
IndiGo Q4 loss at Rs 871 cr, defers new capacity addition amid Covid-19
"With the prevailing uncertainty due to pandemic, we are not in a position to provide capacity growth guidance," the airline stand in a statement.
IndiGo Q4 preview: Analysts see loss up to Rs 2,600 cr amid Covid-19 woes
Rise in fuel costs due to depreciation of rupee during the quarter, slight decline in passenger load factor, but marginal expansion in fleet capacity are some other factors that could affect earnings