InterGlobe Aviation Q1 Preview: Airline to post profit vs loss a year ago on higher traffic, airfares
Higher passenger traffic and airfares are likely to help InterGlobe Aviation report a profit for the quarter ended June 2023 as against a loss a year ago.
The operator of IndiGo airlines is seen reporting a consolidated net profit of Rs 1,769 crore compared to a loss of Rs 1,064 crore a year ago. Sequentially, the net profit is seen rising 23%.
