Interglobe Aviation: Turbulence Hits
Moneylife Digital Team 07 May 2018
Indigo, the fastest growing budget airline in India, operated by Interglobe Aviation, is the only consistently profitable airline in India, though the profits have been volatile. For the quarter ending March 2018, Indigo posted healthy growth in revenue of 19.6% year-on-year (y-o-y) but operating profit crashed 74% y-o-y and net profit plunged 73.3% y-o-y.
How should investors...
Premium Content
This is a premium article. Your annual or monthly subscription will not give you access if it is outside your subscription period. You can buy it individually
Pay Per Article Gift An Article
Access will cover your subscription period. Archives not included. Articles outside the subscription period can be bought individually.
Yearly Digital Access Monthly Digital Access
Already a subscriber ? Log in
Free Helpline
Legal Credit