Shares of InterGlobe Aviation, the parent of IndiGo, zoomed over 9 per cent after the firm posted a profit after tax of Rs 129.8 crore in the three months ended December 2021.
The stock jumped 9.46 per cent to Rs 2,161.10 on the BSE.
It zoomed 9.14 per cent to Rs 2,154.95 on the NSE.
Fuelled by higher passenger revenues, the country’s largest airline IndiGo on Friday posted a profit after tax of Rs 129.8 crore in the three months ended December 2021 amid the pandemic clouds.
InterGlobe Aviation, the parent of IndiGo, had slipped into a loss of Rs 620.1 crore in the year-ago period.
In a significant development, the company has appointed its co-founder Rahul Bhatia as Managing Director with immediate effect and he would oversee all aspects of the airline.
