Key Points
Earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR), surged to Rs 2,446 crore for the quarter, from Rs 229 crore a year ago..
The operating margin subsequently expanded to 16.4% from 1.8% a year ago.ETMarkets.com..
MUMBAI - InterGlobe Aviation on Friday reported strong earnings for the September 2023 quarter, as the IndiGo airline operator swung to a consolidated net profit of Rs 188 crore from a loss of Rs 1,583 crore a year ago...
Sequentially though, the bottomline was far lower than the Rs 3,091-crore profit posted in the June quarter, while revenue declined by more than 10%, since the second quarter is typically a seasonally weak one for the sector...
The total cash on books as of September end, stood at Rs 30,666 crore, compared with Rs 19,661 crore a year ago...
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