Page 7 - Interglobe Aviation

IndiGo reports highest-ever profit of Rs 3,091 cr in Q1FY24, revenue up 30%

IndiGo Q1FY24 results: Sequentially, the profit jumped 236 per cent from Rs 919.8 crore profit

GoFirst insolvency, high fares to drive IndiGo's turnaround in Q1: Analysts

IndiGo Q1 preview: Besides these two factors, analysts believe, strong passenger traffic growth, coupled with high airfares, would also support the Q1FY24 earnings

IndiGo first airline stock to cross market capitalisation of Rs 1 trn-mark

The carrier had earlier this month placed an order for 500 A320 family aircraft, which will be delivered between 2030 and 2035. It is the world's largest single-tranche aircraft order

InterGlobe Aviation market-cap nears Rs 1-trn mark; surges 26% in 2 months

IndiGo's market cap hit Rs 97,921 crore in intra-day trade on Tuesday and was less than 2 per cent from hitting the milestone.

IndiGo hits new peak post 500 Airbus aircraft order; experts see 28% upside

Morgan Stanley has maintained its 'Overweight' rating on the stock post the acquisition, with a target of Rs 3,126

Stocks to watch: Adani Transmission, HDFC AMC, ITC, Sun Pharma, Coal India

Stocks to watch on June 20, 2023: From HDFC AMC to Adani Transmission, here are few stocks to watch in Tuesday's trading session

Rakesh, Shobha Gangwal may pare up to 8% stake in IndiGo; shares dip 2%

According to reports, Rakesh and his wife Shobha Gangwal may sell 5-8 per cent stake in the airline next month for up to Rs 7,000 crore

Analysts see upto 38% upside in IndiGo; suggest tracking costs, airfare cap

Reports suggest that a parliamentary panel has summoned private airlines to discuss rising airfares

IndiGo posts Rs 919 crore net profit, its best-fourth quarter ever

Expenses in the quarter increased to Rs 13,680 crore due to a rise in fuel and maintenance costs

IndiGo reports net profit of Rs 919.2 crore in Q4FY23, revenue up 76%

In the whole year, 2022-23, IndiGo reported a net loss of Rs 305.80 crore

InterGlobe Aviation nears record high; stock surges 20% in one month

IndiGo remains well placed to benefit from strong systemic demand and its leading competitive positioning, analysts said

IndiGo, SpiceJet rally up to 8% as Go First files for bankruptcy

Shares of InterGlobe Aviation, which runs the country's largest airline IndiGo, hit a 52-week high of Rs 2,235.95, surging 8 per cent on the BSE.

Amid record aircraft orders, aviation remains a long-term play: Analysts

A linear profit growth is unlikely for the Indian aviation players as high oil prices hit the industry every two-three years

Rakesh Gangwal may put 4% stake in IndiGo on block, can fetch Rs 2.9k cr

Sources say the stake put on the block belongs to Gangwal family, which currently holds over 20% in the airline

IndiGo Q3: Focus on international destinations lifts outlook, say analysts

IndiGo's international business during the quarter stood at 105 per cent compared to pre-Covid levels

IndiGo flies back in green, Q3 net soars 1,000% to a record Rs 1,422 cr

Record Rs 1,422-cr quarterly profit comes on the back of best-ever revenue

India's IndiGo seeks partnerships to expand international network

The airline's international capacity is already at 105% of pre COVID levels and it plans to grow this further in 2023, Pieter Elbers told analysts in a results call

IndiGo Q3 preview: Airline to turn profitable amid healthy traffic, low ATF

The domestic air traffic capacity reached close to full capacity in Q3, while a pick up in international commercial flights provided the much needed relief to the aviation industry

Long-overdue brand reboot aims to rescue Air India's battered image

While Air India remains a high-profile operator in one of the world's biggest aviation markets, customer complaints about a decline in standards have hurt its reputation

Blue Dart Express' volume growth momentum likely to sustain in FY23

Margin levels could see an improvement on higher volumes, price hike