IndiGo shares dip as Q4 profit misses estimates
IndiGo’s profit was ₹919.2 crore in Q4 vs ₹1,681.8 crore loss in the same period last year. Revenue surged 76.5% YoY to ₹14,160.6 crore
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IndiGo Q4 results: Profit at ₹919 cr, revenue soars 76.5%
On a sequential basis, the airline's PAT, however, declined by 35.4% quarter-on-quarter (QoQ) as against ₹1,422.6 crore in the December quarter of FY23.
IndiGo stock falls 4% amid block deal report
The stock was trading at ₹1,901 apiece on the National Stock Exchange (NSE) at 12:50 pm.
IndiGo share skids 4% amid report of stake sale by Gangwal family
Rakesh Gangwal and his family plan to raise ₹2,000 crore by selling 2.8% stake in InterGlobe Aviation through a block deal today
Pieter Elbers joins as IndiGo CEO; stock edges down
Elbers succeeds Ronojoy Dutta (71), who has decided to retire on 30 September 2022 after steering IndiGo through the turbulent Covid period.
For aviation's sake, fix IndiGo's problems!
By attempting to brush the “people” problem under the carpet, IndiGo’s management is making matters worse
Why are airline stocks IndiGo, SpiceJet trading higher
Shares of IndiGo and SpiceJet rose over 2% in early trade on Wednesday after jet fuel prices were cut by 1.3%.
IndiGo's makeover bid
As competition in the Indian skies promises to intensify, India's largest private airline is tightening its seatbelt
Why IndiGo shares jumped 10% despite weak Q4 results?
IndiGo shares gained 9.94% to hit an intraday high of ₹1,808.5 on the BSE even after its consolidated net loss widens to ₹1,681 crore in Q4FY22
IndiGo Q4 net loss widens to ₹1,681 crore
The airline's revenue from operations jumped 28.9% year-on-year to ₹8,020 crore aided by a strong traffic rebound in the latter half of the quarter.
