Shares of Interglobe Aviation Ltd., parent company of India's largest airline by market share, IndiGo, are trading flat, ahead of their March quarter earnings on Wednesday, May 21.
According to a CNBC-TV18 poll, IndiGo's net profit is expected to rise marginally by 2% year-on-year to ₹1,892 crore. This compares to ₹1,849 crore it reported in the same quarter last year.
Revenue may grow 22% from last year to ₹21,710 crore. The same was ₹17,825 crore in the corresponding quarter of last year.
Mahakumbh is expected to drive strong occupancy and yields for IndiGo, while benign crude prices in Q4 likely to boost spreads.
Interglobe Aviation's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) may surge 17% to ₹4,599 crore from ₹3,933 crore last year.
However, margins are expected to contract by 100 basis points to 21% from 22% last year.
EBITDA growth is expected to be slower, compared to EBITDAR growth due to higher rentals (higher share of damp leases continuing in the quarter).
IndiGo's market share in April 2025 stood at 64.1%, compared to 64% in March.
- Outlook on P&W engine-fitted aircraft
- Commentary on competition
- Commentary on global tensions, tariffs
- Outlook on international market expansion and premiumisation
At present, Interglobe Aviation shares are trading 0.37% lower at ₹5,422. The stock has climbed 18% so far in 2025.
According to a CNBC-TV18 poll, IndiGo's net profit is expected to rise marginally by 2% year-on-year to ₹1,892 crore. This compares to ₹1,849 crore it reported in the same quarter last year.
Revenue may grow 22% from last year to ₹21,710 crore. The same was ₹17,825 crore in the corresponding quarter of last year.
Mahakumbh is expected to drive strong occupancy and yields for IndiGo, while benign crude prices in Q4 likely to boost spreads.
Interglobe Aviation's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) may surge 17% to ₹4,599 crore from ₹3,933 crore last year.
However, margins are expected to contract by 100 basis points to 21% from 22% last year.
EBITDA growth is expected to be slower, compared to EBITDAR growth due to higher rentals (higher share of damp leases continuing in the quarter).
IndiGo's market share in April 2025 stood at 64.1%, compared to 64% in March.
Factors to watch out for
- Outlook on P&W engine-fitted aircraft
- Commentary on competition
- Commentary on global tensions, tariffs
- Outlook on international market expansion and premiumisation
At present, Interglobe Aviation shares are trading 0.37% lower at ₹5,422. The stock has climbed 18% so far in 2025.
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