Indigo Q1 Results preview: PAT may decline by up to 28% YoY on weak load factor, Delhi T1 crisis

July 25, 2024

InterGlobe Aviation, India’s top airline by market share, was expected to see a substantial drop in its year-on-year net profit for Q1FY24 due to higher fuel costs, a weak load factor, and the Delhi T1 terminal roof collapse. Brokerage estimates indicated mixed sequential profit growth and varying revenue projections.

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‘On the edge…’: What social media conversations reveal about the current market mood

Social media analysis reveals bleak market sentiments among investors and experts. Market veteran Shankar Sharma highlights that the downturn is local and needs local solutions.

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