IndiGo flies to record high, brokerage cheer strong Q3 show
Stronger yields per passenger and a decline in fuel costs also aided a sharp expansion in IndiGo's operational performance in Q3, offsetting the adverse impact of grounding of some aircraft.
InterGlobe Aviation Ltd - 539448 - Announcement under Regulation 30 (LODR)-Newspaper Publication
The Company informed the Exchange about copy of newspaper publication.
IndiGo expansion plans: Will add a new aircraft per week for next few years, says CEO Pieter Elbers
Earlier this week, InterGlobe Aviation, the parent of IndiGo, saw its profit after tax more than doubling to Rs 2,998.1 crore in the December quarter from Rs 1,422.6 crore in the year-ago period. InterGlobe Aviation Ltd - 539448 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The Company informed the Exchange regarding uploading Audio Recording of the earnings call. Q3FY24 Quarterly Result Announced for InterGlobe Aviation Ltd.
Airlines company InterGlobe Aviation announced Q3FY24 results: Financial Highlights - Net profit: Rs 29,981 million for Q3FY24, with robust demand driving profitability for five consecutive quarters. - Revenue from Operations: Increased by 30.3% to Rs 1,94,521 million. - Yield: Increased by 2.0% to Rs 5.48. - Load Factor: Improved by 0.7 points to 85.8%. - Reduction in Fuel CASK: By 6.7% to Rs 1.88. - CASK ex-fuel: Decreased by 4.2% to Rs 2.64. - EBITDAR: Rs 54,751 million (28.1% EBITDAR margin), a significant increase from the previous year. Operational Metrics - Capacity increased by 26.8%. - Passengers carried: Increased by 23.4% to 27.5 million. - The fleet consisted of 358 aircraft as of December 31, 2023. Cash and Debt - Total Cash Balance: Rs 3,24,280 million (comprising Rs 191,996 million of free cash). - Total Debt: Rs 511,875 million (including capitalized operating lease liability). Network and Fleet Expansion - IndiGo operated a peak of 2,016 daily flights and served 86 domestic and 29 international destinations. - The fleet expanded by a net addition of 23 passenger aircraft and 1 freighter during the quarter. Operational Performance - Technical Dispatch Reliability: 99.91% - On-time Performance: 78% at key metros. - Flight Cancellation Rate: 0.94% Company’s CEO, Pieter Elbers said, “For the third quarter of financial year 2024, we reported a profit after tax of 30 billion rupees with a profit after tax margin of 15.4%. With these 5 consecutive quarters of profit we continue to recover from the losses of Covid and have now become net worth positive again. This series of profitable growth is attributable to the confidence shown by passengers who chose to fly with us. We are grateful for our customers’ confidence and our thousands of employees who continue to put their best foot forward each day to serve them. The year 2023 was marked by numerous milestones. We served 100 million plus passengers in a calendar year and joined the select club of global carriers operating at this scale. We started operating 2,000 plus daily flights to 118 destinations. Each achievement is a testament to our focused strategy, loyalty of our customers and dedication of 6E employees.” Result PDF InterGlobe Aviation Ltd - 539448 - Disclosure Under Regulation 30(5) Of SEBI LODR
The Company informed the Exchange regarding disclosure under 30(5) of SEBI LODR. InterGlobe Aviation Ltd - 539448 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Company informed the Exchange regarding Press Release. InterGlobe Aviation Ltd - 539448 - Announcement under Regulation 30 (LODR)-Investor Presentation
The Company informed the Exchange regarding Investor Presentation InterGlobe Aviation Ltd - 539448 - Announcement under Regulation 30 (LODR)-Change in Management
The Company informed the Exchange regarding change in CS and Compliance Officer of the Company. InterGlobe Aviation Ltd - 539448 - Unaudited Financial Results For Quarter And Nine Months Ended December 31, 2023
The Company informed the Exchanges regarding unaudited financial results for the quarter and nine months ended December 31, 2023.