Indigo Q1FY24 Results: Consolidated PAT Raises to Rs. 3090.60 Cr

IndiGo adds third daily Mangaluru-Hyderabad flight from Oct 19

Indigo Q1 results show revenue up from 14600.12 crores to 17160.87 crores, a 17.54% increase in growth. EPS rise from ₹23.84 to ₹80.16, up by 236.24%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Indigo shared its Q1 results on Wednesday. They earned 17160.87 crores in revenue this quarter, but that’s more than the 14600.12 crores they made last quarter. The company’s growth increased by 17.54 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 3090.60 crores, up from 919.20 crores in the previous quarter. Their quarter-to-quarter growth increased by 236.22 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹80.16, which is an increase of 236.24% from the ₹23.84 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 17160.87 crores this year (2023), which is 31.82 percent higher than last year’s total revenue of 13018.81 crores.

This year’s PAT (Profit After Tax) is 3090.60 crores, which is also 190.40% higher than last year’s PAT of -1064.26 crores.

The EPS (Earnings Per Share) for this year is ₹80.16, which is 190.01% more than the EPS of ₹-27.64 earned last year.

Also Read: Adani Wilmar Q1FY24 Results: Consolidated PAT Down to Rs. 78.92 Cr

Indigo Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Indigo:

IndiGo, also known as InterGlobe Aviation Limited, is an Indian budget airline with its headquarters situated in Gurgaon, Haryana, India. As of April 2023, it holds the distinction of being India’s largest airline in terms of both passengers carried and fleet size, boasting an impressive 57.5% share in the domestic market.

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