Robust topline growth lifts Indigo's quarterly numbers
DSIJ Intelligence / 31 Jul 2017
Interglobe Aviation Ltd. reported its results for the quarter ended March 31, 2017 today. The consolidated numbers were largely strong due to robust topline growth.
Interglobe Aviation Ltd. reported its results for the quarter ended March 31, 2017 today. The consolidated numbers were largely strong due to robust topline growth
The company's total sales for Q4FY17 came in at Rs 5753 crore, which represents 18.67 per cent sequential increase and 25.64 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs 998.9 crore and its EBIT margin stood at 17.36 per cent.
The company reported PAT of Rs 811.1 crore, which represents a sequential QoQ increase of 84.22 per cent and a YoY increase of 37.08 per cent.
The company's stock today opened at Rs 1299 on the BSE and closed marginally down at Rs 1290.
Interglobe Aviation Limited is engaged in providing passenger airline services. The company provides domestic and international scheduled air transport services under the brand name IndiGo.
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