Interglobe Aviation Ltd (Indigo) is India’s largest passenger airline operating as a low-cost carrier. Serving 86 destinations including 24 international destinations, it provides passengers with a simple, unbundled product, fulfilling its singular brand promise of providing “low fares, on-time flights, and a courteous and hassle-free service” to its customers. IndiGo commenced operations in August 2006 with a single aircraft and has grown its fleet to 262 aircrafts.
Financial Results:
Interglobe Aviation Ltd reported Revenues for Q2FY25 of ₹16,970.00 Crores up from ₹14,944.00 Crore year on year, a rise of 13.56%.
Total Expenses for Q2FY25 of ₹18,666.00 Crores up from ₹15,314.00 Crores year on year, a rise of 21.89%.
Consolidated Net Profit of -₹987.00 Crores from ₹189.00 Crores in the same quarter of the previous year.
The Earnings per Share is -₹25.54, from ₹4.90 in the same quarter of the previous year.