Shares of InterGlobe Aviation Ltd (IndiGo) will be in focus today, May 22, after the airline delivered a strong operational performance in Q4 FY25.
The parent company of India’s largest airline reported a 62% year-on-year jump in net profit, which rose to ₹3,067.5 crore for the January–March quarter, compared to ₹1,894.8 crore in the same period last year. The robust performance was driven by improved load factors and cost efficiency gains.
Revenue for the quarter also rose significantly, climbing 24% YoY to ₹22,151.9 crore from ₹17,825.3 crore a year ago.
Ahead of the results, announced post-market hours, the stock closed 0.27% higher at ₹5,456.50 on May 21. It had opened at ₹5,461 and hit an intraday high of ₹5,482.50 before settling slightly lower. The scrip had closed at ₹5,442 in the previous session.
Investors will closely track the stock’s movement today as it reacts to the strong earnings beat.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Please consult a financial advisor before making any investment decisions.
