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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

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IndiGo Q4 result | IndiGo | Q4 earnings

Nikita Vashisht  |  New Delhi 



Analysts at Kotak Institutional Equities estimate the net sales (or revenue) to decline 7 per cent yearly, but 26 per cent sequentially to Rs 7,345.2 crore.
Analysts at Kotak Institutional Equities estimate the net sales (or revenue) to decline 7 per cent yearly, but 26 per cent sequentially to Rs 7,345.2 crore.

With suspension of international air travel for two weeks, and domestic air travel for about 10 days due to the lockdown in the March quarter of FY20 (Q4FY20) on account of Covid-19 pandemic, analysts expect InterGlobe Aviation-run to report net loss up to Rs 2,600 crore, compared to net profit of Rs 589.6 crore in Q4FY19. That apart, seasonal slowdown and pricing pressure during the period under review is also likely to dent performance, analysts say. The airline had reported profit of Rs 496 crore in the December quarter of FY20.

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First Published: Mon, June 01 2020. 12:49 IST

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