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InterGlobe Aviation turns black in Q2

03 Nov 2023 Evaluate

InterGlobe Aviation has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported net profit at Rs 187.86 crore for Q2FY24 as compared to net loss of Rs 1,585.48 crore for the same quarter in the previous year. Total income of the company increased by 20.62% at Rs 15,502.14 crore for Q2FY24 as compared Rs 12,851.56 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net profit at Rs 188.93 crore for the quarter under review as compared to net loss of Rs 1,583.33 crore for the same quarter in the previous year. Total income of the company increased by 20.62% at Rs 15,502.94 crore for Q2FY24 as compared Rs 12,852.29 crore for the corresponding quarter previous year.


Peers
Company Name CMP
Interglobe Aviation 4899.10
SpiceJet 8.49
Raymond 978.05
TAAL Tech 5412.85
Taneja Aerospace 266.50
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