InterGlobe Aviation, parent of country's largest aviation firm IndiGo, today said its quarterly revenue rose 12 percent year-on-year to Rs 4,407.4 crore while net profit surged 23 percent to 653.7 crore.
The company's first quarterly earnings declaration since the company was listed recently were boosted by high passenger growth, falling fuel cost as well as improved load factor. InterGlobe's earnings before interest, taxes, depreciation, amortization and rent (EBITDAR), a metric often used for aviation firms, rose 30 percent to Rs 1,673 crore while the EBITDAR margin rose from 33.3 percent to 38.9 percent. The carrier's other income stood at Rs 109.7 crore, compared to Rs 81.4 crore.
Read more at: InterGlobe's first result since listing: Net up 23% to Rs 653cr - Moneycontrol.com
The company's first quarterly earnings declaration since the company was listed recently were boosted by high passenger growth, falling fuel cost as well as improved load factor. InterGlobe's earnings before interest, taxes, depreciation, amortization and rent (EBITDAR), a metric often used for aviation firms, rose 30 percent to Rs 1,673 crore while the EBITDAR margin rose from 33.3 percent to 38.9 percent. The carrier's other income stood at Rs 109.7 crore, compared to Rs 81.4 crore.
Read more at: InterGlobe's first result since listing: Net up 23% to Rs 653cr - Moneycontrol.com
