June 24, 2024 21:09 (IST)
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IndiGo shares tank 4% as parent InterGlobe Enterprises offloads 2.2%

New Delhi/IBNS: The shares of India's leading domestic and international passenger airline InterGlobe Aviation Ltd, which does business as IndiGo, slumped by 4 percent after a block deal involving 83.7 lakh shares, representing a 2.2 percent stake in the company, took place on the exchanges, reports said.

IndiGo Q4FY24 net profit multiplies more than double YoY to Rs 18,948 million on strong demand

Gurgaon: InterGlobe Aviation Ltd., which operates budget airline IndiGo, today reported a net profit of Rs 18,948 million in the fourth quarter of FY24 compared to net profit of Rs 9,192 million.

IndiGo becomes world's 3rd largest airline by market capitalisation after stocks hit new high

Mumbai: IndiGo Airlines became the world's third largest airline on Wednesday in terms of market capitalisation as stocks of its operator InterGlobe Aviation Limited climbed to a new record high on April 10 by trading 5 percent higher at Rs 3,801 apiece during afternoon trade, thus bolstering their gains for the fourth day in a row, media reports said.

IndiGo Q3FY24 net profit jumps to Rs 29,981 million

Gurgaon, February 2, 2024: InterGlobe Aviation Ltd, the parent company of India's largest airline IndiGo reported a net profit of Rs 29,981 million for the quarter that ended December 2023, compared to Rs 1,418 crore in the year-ago period.

Income Tax Commissioner confirms tax demand of Rs 1,666 cr on IndiGo

New Delhi: The Commissioner of Income Tax-Appeals has affirmed a tax demand of nearly Rs 1,666 crore on Interglobe Aviation, the parent company of IndiGo airlines, as disclosed in a notice to stock exchanges on Wednesday, Moneycontrol reported.

Indian airline companies increasingly leaning towards local suppliers for non-critical aircraft components: Report

New Delhi: In the wake of disruptions in flight operations caused by a shortage of spare parts amid global supply chain difficulties, Indian aviation companies are increasingly seeking non-critical aircraft components from domestic suppliers, Mint reported citing industry sources.

InterGlobe Aviation posts Rs 189 crore profit in Q2

New Delhi: InterGlobe Aviation, the company that operates IndiGo Airlines, on Friday reported a Rs 188.9 crore consolidated net profit for the September quarter (Q2) of the current financial year 2023-24 as against a net loss of Rs 1,583.3 crore in the same period a year ago.

IndiGo commences operations between Delhi-Itanagar

Private airlines major IndiGo has commenced exclusive direct flights between Delhi and Itanagar, effective October 2, 2023.

IndiGo gets DGCA's approval to add 11 planes

Delhi: Budget carrier IndiGo has received approval from the Directorate General of Civil Aviation (DGCA) to incorporate 11 A320 planes from SmartLynx Airlines, media reports said.

IndiGo reports Rs 3,091 cr profit in Q1FY24; revenue from ops grows to Rs 16,683 cr

Gurugram: InterGlobe Aviation, the parent company of IndiGo, reported a notable turnaround in its financial performance for the quarter ending June 2023.

Air India, IndiGo get DGCA approval to import aircraft

New Delhi: Air India and Interglobe Aviation, the operator of Indigo, have been given approval by the Directorate General of Civil Aviation (DGCA) to import aircraft, the Ministry of Civil Aviation announced

IndiGo's promoter company InterGlobe Aviation valued at Rs 1 lakh cr

New Delhi: InterGlobe Aviation, the parent company of IndiGo, achieved a significant milestone by becoming the first airline in India to reach a market valuation of Rs 1 lakh crore, media reports said.

IndiGo orders 500 Airbus A320 family aircraft, breaks Air India's record order

New Delhi/IBNS: IndiGo has announced a 500-aircraft deal with Airbus, the largest in aviation history.

IndiGo denies report on buying majority stake in troubled Go First airline

Gurugram: InterGlobe Aviation Ltd which operates India’s largest airline IndiGo has refused to answer queries over news reports that it is trying to buy a majority stake in troubled carrier Go First.

IndiGo inducts its second wide-body Boeing 777 aircraft which will operate on the Mumbai-Istanbul route

Mumbai: Airline major IndiGo has inducted its second Boeing 777 aircraft, on damp lease, which will operate to and from Mumbai- Istanbul route, effective on Wednesday.