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Tuesday, April 07, 2020

InterGlobe Aviation shares jump over 3 per cent post Q3 earnings

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.

By: PTI | New Delhi | Published: January 28, 2020 11:41:24 am
IndiGo signs one-way codeshare agreement with Qatar Airways InterGlobe Aviation’s 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. (Image source: Reuters)

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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