{"id":283404,"date":"2019-07-20T06:01:15","date_gmt":"2019-07-20T06:01:15","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283404"},"modified":"2019-07-20T06:01:15","modified_gmt":"2019-07-20T06:01:15","slug":"indigo-reports-highest-ever-quarterly-profit-in-q1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-reports-highest-ever-quarterly-profit-in-q1\/","title":{"rendered":"IndiGo reports highest ever quarterly profit in Q1"},"content":{"rendered":"<p>InterGlobe Aviation on Friday reported its highest-ever quarterly profit at `1,203 crore in the April-June quarter \u2013 a surge of 42 times compared to Q1FY19 \u2013 due to higher passenger revenues aided by complete grounding of Jet Airways.<\/p>\n<p>While revenue from operations jumped 44.6% to `9,420 crore, operating margins or the ebitdar (earnings before interest, tax, depreciation, amortisation and rentals) was up 12.1 bps y-o-y to 29.5%.<\/p>\n<p>Full-service carrier Jet terminated all operations on April 17 due to financial crisis, leading to 15% y-o-y fall in overall domestic capacities. According to the analysts, average domestic fares went up 25-30% y-o-y during Q1FY20.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>InterGlobe Aviation on Friday reported its highest-ever quarterly profit at `1,203 crore in the April-June quarter \u2013 a surge of 42 times compared to Q1FY19 \u2013 due to higher passenger revenues aided by complete grounding of Jet Airways. While revenue from operations jumped 44.6% to `9,420 crore, operating margins or the ebitdar (earnings before interest, tax, depreciation, amortisation and rentals) was up 12.1 bps y-o-y to 29.5%. Full-service carrier Jet terminated all operations on April 17 due to financial crisis, leading to 15% y-o-y fall in overall domestic capacities. According to the analysts, average domestic fares went up 25-30% y-o-y [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-283404","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=283404"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283404\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}