Shares of InterGlobe Aviation climbed nearly 2 per cent in morning trade on Friday after the company flew into the profitability zone, raking in a net profit of Rs 919.2 crore in the March quarter. The stock of the parent of the country’s largest airline IndiGo went up by 1.90 per cent to Rs 2,308 on the BSE.
At the NSE, it climbed 1.66 per cent to Rs 2,302.45. Fuelled by robust market demand and higher revenues, InterGlobe Aviation on Thursday flew into the profitability zone, raking in a net profit of Rs 919.2 crore in the Marc
InterGlobe Aviation, which had faced turbulence last year, had a net loss of Rs 1,681.8 crore in the three months ended March 2022.
