IndiGo makes smooth landing in Q3, but turbulence likely ahead1 min read . Updated: 06 Feb 2023, 12:01 PM IST
To be sure, volatility in fuel costs remains a looming threat and investors would do well to closely track this.
InterGlobe Aviation Ltd benefitted from favourable operating environment in the December quarter (Q3FY23). Strong demand helped by seasonality and drop in fuel costs meant the airline swung to a net profit of ₹1,418 crore in Q3 after being in the red for the previous three quarters.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category