New Delhi: InterGlobe Aviation, the parent company of IndiGo airlines, is all set to declare its second quarterly results of 2024-25 on Friday, October 25, 2024. For the quarter ended June 2024, IndiGo reported reported a total income of Rs 202.5 billion with a net profit of Rs 27.3 billion.
Ahead of the Q2 Results, InterGlobe Aviation share price declined over 3 per cent to trade at Rs 4,362.95 at 2:53 pm on October 25, 2024. The airline stock gained over 14 per cent in the last six months and nearly 80 per cent in the past 1 year.
For the first quarter of 2024-25, compared to the same period last year, IndiGo reported its capacity increased by 1 per cent to 36.3 billion while passengers surged by 6.2 per cent to 8 million. In its financial results, the low cost domestic airline stated Yield increased by 3 per cent to Rs 5.24 and load factor reduced by 1.9 points to 86.7 per cent.
The airline’s revenue from operations increased by 3 per cent and stood at Rs 195,707 million. The Fuel CASK went up by 10.5% to Rs 77 while CASK ex fuel increased by 1 per cent to Rs 2.86. IndiGo’s EBITDAR was at Rs 58,111 million (29.7% EBITDAR margin), compared to EBITDAR of Rs 52,108 million (31.2% EBITDAR margin).
InterGlobe Aviation will be declaring its results of second quarter of FY25 on October 25, 2024. IndiGo share price declined over 3 per cent. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
