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InterGlobe Aviation

IndiGo Q2 FY25 Results: India's largest airline posts Rs 987 crore loss

IndiGo Q2 FY25 Results: India's largest airline posts Rs 987 crore loss

Sun, Oct 27, 2024

InterGlobe Aviation—the country's largest airline by passengers carried—has reported a consolidated net loss of Rs 987 crore for the July-September period, impacted by higher fuel costs and a number of groundings.

OMCs, Aviation and QSR stocks in focus: Here's why

OMCs, Aviation and QSR stocks in focus: Here's why

Tue, Oct 01, 2024

Airline, QSR stocks are in focus after the OMCs slashed the price of ATF and simultaneously increased the rate of cylinder.

IndiGo nominates Isidro Porqueras as Chief Operating Officer

IndiGo nominates Isidro Porqueras as Chief Operating Officer

Thu, Sep 26, 2024

Isidro Porqueras will succeed Wolfgang Prock-Schauer, who has been successfully leading the operations at IndiGo for the past seven years (since 2018), according to IndiGo.

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InterGlobe Aviation stock slips as Gangwal family's lock-in period to sell further stake ends

InterGlobe Aviation stock slips as Gangwal family's lock-in period to sell further stake ends

Tue, Feb 13, 2024

The Gangwal family has a 25.22 per cent stake in InterGlobe Aviation. InterGlobe Enterprises (the Bhatia Family) is the biggest stakeholder in the company with a 38.1 per cent stake. Westbridge Capital has a minority stake at 3.4 per cent. The Gangwal family sold its 4.5 per cent stake in the company on August 16, 2023. There was a lock-in period of 150 days for further stake sale, which ended today.

Bull vs Bear On Interglobe Aviation, What are the triggers and Outlook for the stock? Watch Here

Bull vs Bear On Interglobe Aviation, What are the triggers and Outlook for the stock? Watch Here

Mon, Feb 05, 2024

BULL VS BEAR: Bullish or bearish on Interglobe Aviation? BULL'S ARGUMENTS STRONGER OR BEAR'S FEAR DOMINATING? What are the important triggers for Interglobe Aviation? See complete details in this video

Varinder Results X-Ray: Varinder Bansal Decoding Winners and Losers Among Top Companies

Varinder Results X-Ray: Varinder Bansal Decoding Winners and Losers Among Top Companies

Mon, Feb 05, 2024

Which companies including Interglobe Aviation, UPL and Delhivery presented their results? Which companies had good results and which companies had bad results? Know Varinder Results in X-RAY...

InterGlobe Enterprises appoints Aditya Pande as Group CEO

InterGlobe Enterprises appoints Aditya Pande as Group CEO

Mon, Jan 22, 2024

With the exception of IndiGo, Aditya will have overall responsibility for setting InterGlobe's strategic agenda and to oversee and continue to strengthen the leadership of the company's line businesses and the corporate staff functions, the company said.

InterGlobe and SpiceJet slide after aviation authorities slap them with fines for these reasons

InterGlobe and SpiceJet slide after aviation authorities slap them with fines for these reasons

Thu, Jan 18, 2024

While the Bureau of Civil Aviation Security fined IndiGo for a heavy penalty of Rs 1.20 crore for violating security norms by letting its passengers sit and eat on Mumbai airport's apron. The Civil Aviation ministry also fined SpiceJet for Rs 30 lakh for not deploying CAT III-trained pilots on flights to Delhi during foggy conditions in December.

IndiGo removes fuel charge from today citing easing jet fuel price

IndiGo removes fuel charge from today citing easing jet fuel price

Thu, Jan 04, 2024

In October 2023, IndiGo introduced the fuel charge following a surge in jet fuel prices.

IndiGo's Culinary Takeoff: Exploring the Sky-High F&B Business!

IndiGo's Culinary Takeoff: Exploring the Sky-High F&B Business!

Tue, Nov 28, 2023

Can you imagine that an airline can leave behind even big restaurants in terms of food and drinks? IndiGo's F&B business is bigger than big restaurants!

InterGlobe Aviation trades flat after income tax commissioner slaps tax worth Rs 1667 crore

InterGlobe Aviation trades flat after income tax commissioner slaps tax worth Rs 1667 crore

Thu, Nov 23, 2023

InterGlobe Aviation said on Wednesday that it had received orders from the Commissioner of Income Tax Appeals for the Assessment year 2016-17 and 2017-18.

IndiGo's parent firm to challenge tax demands worth over Rs 1,666 crore

IndiGo's parent firm to challenge tax demands worth over Rs 1,666 crore

Thu, Nov 23, 2023

The company said a demand of "INR 7,396.76 million (AY 2016-17) and INR 9,270.31 Million (AY 2017-18) was raised by the Assessing officer, against which the Company had preferred appeal before CIT-Appeal".

Healthy cash position, strong earnings outlook to aid this airline’s stock

Healthy cash position, strong earnings outlook to aid this airline’s stock

Mon, Nov 20, 2023

ASK stands for available seat kilometres. It is a measure of an airline’s carrying capacity to generate revenue, taken from multiplying the available seats on any given aircraft by the number of kilometres flown on a given flight.

IndiGo shares jump after airline reports surprise Q2 profit; should you buy, sell or hold the stock?

IndiGo shares jump after airline reports surprise Q2 profit; should you buy, sell or hold the stock?

Mon, Nov 06, 2023

The stock of InterGlobe Aviation, which owns and operates airline IndiGo, rose sharply on Monday after the company reported a strong set of Q2 results.

InterGlobe Aviation stock trades flat ahead of Q2 result; analysts expect weak show

InterGlobe Aviation stock trades flat ahead of Q2 result; analysts expect weak show

Fri, Nov 03, 2023

IndiGo shares: At around 10:50 a.m., shares of InterGlobe Aviation, or IndiGo, were down 0.29 per cent or Rs 7.3, at Rs 2,482.15 apiece. The market capitalisation of the company stood at Rs 95,759.27 crore.

InterGlobe Aviation | Forecasting Profit Growth: InterGlobe Aviation in the Spotlight

InterGlobe Aviation | Forecasting Profit Growth: InterGlobe Aviation in the Spotlight

Thu, Nov 02, 2023

How will be the results of InterGlobeAviation? How will be the margin and income situation? Will there be loss or profit in Q2? Know complete details in this video

IndiGo shares rise after airline signs codeshare pact with British Airways

IndiGo shares rise after airline signs codeshare pact with British Airways

Fri, Sep 22, 2023

IndiGo shares were in demand on Friday after the company signed a codeshare agreement deal with the UK's British Airlines.

IndiGo's record Q1 performance fails to excite investors on another volatile day on Dalal Street

IndiGo's record Q1 performance fails to excite investors on another volatile day on Dalal Street

Thu, Aug 03, 2023

IndiGo reported its higher-ever quarterly profit and revenue on Wednesday, driven by its strong operational performance, execution of strategy and favourable market conditions. Citi maintained a 'buy' rating on the InterGlobe Aviation stock with a target price implying a 32.5 per cent upside.

IndiGo Makes History with the Largest Order in the Aviation Sector, Unveils Expansion Plan

IndiGo Makes History with the Largest Order in the Aviation Sector, Unveils Expansion Plan

Tue, Jun 20, 2023

IndiGo orders 500 Airbus A320 aircraft; largest order in aviation history With this new order, since its inception in 2006, IndiGo has ordered a total of 1,330 aircraft with Airbus.

IndiGo clarifies on co-founder stake sale report, stock extends decline; what should be your strategy?

IndiGo clarifies on co-founder stake sale report, stock extends decline; what should be your strategy?

Tue, Jun 13, 2023

“We would like to state that the company has not received any such information nor has the company been made aware by the co-founder of their intention to sell their stake,” IndiGo said in its exchange filing on Tuesday.

IndiGo shares fly high after airline expands its wings to six new destinations

IndiGo shares fly high after airline expands its wings to six new destinations

Fri, Jun 02, 2023

Following the news, shares of InterGlobe Aviation Ltd. (IndiGo) climbed over a per cent on BSE, recovering all the losses of Thursday’s trade and recording the day’s high at Rs 2379.4 apiece.

IndiGo says Q3, Q4 profit largely compensated for losses in past two quarters: Key factors that aided airline's earnings

IndiGo says Q3, Q4 profit largely compensated for losses in past two quarters: Key factors that aided airline's earnings

Fri, May 19, 2023

IndiGo's net profit for the March quarter came in at Rs 919.2 crore and revenue at Rs 14,160.6 crore, according to a regulatory filing. According to Zee Business research, IndiGo's net profit was estimated at Rs 872.9 crore and revenue at Rs 13,736.4 crore.

IndiGo Q4 results fail to excite Street? Here’s what brokerages say

IndiGo Q4 results fail to excite Street? Here’s what brokerages say

Fri, May 19, 2023

IndiGo share price NSE: Interglobe Aviation — which owns and operates airline IndiGo — faced selling pressure on Dalal Street on Friday, a day after the company a 35.4 per cent sequential fall in net profit to Rs 919.2 crore for the January-March period.

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