Shares of InterGlobe Aviation on Tuesday jumped over 3 per cent after the company reported a steep rise in profit after tax in the quarter ended December 2019.
The scrip climbed 3.23 per cent to Rs 1,541.20 on the BSE. On the NSE, it gained 3 per cent to Rs 1,541.
The parent of the country’s largest airline IndiGo on Monday reported a steep rise in profit after tax at Rs 496 crore in the three months ended December 2019, mainly helped by higher income.
The company had a profit after tax of Rs 185.2 crore in the year-ago period, according to a regulatory filing.
Its total income climbed to Rs 10,330.2 crore in the latest December quarter from Rs 8,229.3 crore in the corresponding period a year ago.
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