IndiGo Posts Rs.238 Cr Loss in Q1 Despite Record Revenue Growth; What Went Wrong?
Bengaluru, July 24 -- The shares of a large-cap company specialising in domestic and international passenger air transportation are in focus following its Q1 results, as it reported a loss despite record revenue growth.
With a market capitalisation of Rs. 1,89,369.97 crores in the day's trade, the shares of InterGlobe Aviation Ltd declined by 2.7 percent, reaching a low of Rs. 4,886.70 per share compared to its previous closing price of Rs. 5,023.90 per share.
What Happened
InterGlobe Aviation Ltd, engaged in domestic and international passenger air transportation, is in focus following its consolidated Q1 FY27 results, as follows:
Its Revenue from Operations increased by 19.9 percent YoY, from Rs. 20,496 crore in Q1 FY26 to Rs. 24,58...
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