IndiGo Shares Fall Nearly 2% Despite 62% YoY Surge In Q4 PAT; Key Points For Investors
IndiGo Share Price: Shares of InterGlobe Aviation-owned IndiGo slipped 1.6% to a day's low of Rs 5,375.75 on the BSE on Thursday, despite reporting a 62% year-on-year surge in net profit to Rs 3,067 crore for the March quarter. The profit boost was largely driven by robust travel demand during the Maha Kumbh Mela and wedding season, marking the airline's second-highest quarterly profit ever.
Revenue from operations stood at Rs 22,152 crore, up 24% from Rs 17,825 crore in the same period last year. However, IndiGo's full-year net profit for FY25 fell 11% year-on-year to Rs 7,258 crore. The board has announced a dividend of Rs 10 per share.
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