{"id":283555,"date":"2019-07-22T05:31:12","date_gmt":"2019-07-22T05:31:12","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283555"},"modified":"2019-07-22T05:31:12","modified_gmt":"2019-07-22T05:31:12","slug":"indigos-profits-soar-in-june-quarter-but-what-its-investors-want-is-peace","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigos-profits-soar-in-june-quarter-but-what-its-investors-want-is-peace\/","title":{"rendered":"IndiGo\u2019s profits soar in June quarter, but what its investors want is peace"},"content":{"rendered":"<p>If distractions were really helpful, InterGlobe Aviation Ltd\u2019s June quarter results are as good as they come. In the midst of the messy, public spat between the airline company\u2019s co-founders, the company reported a standout performance, with reported net profit being about 60% higher than the Street\u2019s already optimistic estimates. InterGlobe runs IndiGo, India\u2019s largest airline.<\/p>\n<p>As an analyst at a domestic brokerage puts it, \u201cWhile the results are impressive, it\u2019s unlikely that the IndiGo stock will go back to its earlier highs because of the unresolved spat between the co-founders.&#8221; IndiGo\u2019s management tried to assuage investor concerns by saying that the only disagree between the co-founders was related to their shareholder agreement, and that other matters such the airline\u2019s international expansion plans are unaffected. But as the wise saying goes, \u201cWhen elephants fight, it is the grass that suffers.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If distractions were really helpful, InterGlobe Aviation Ltd\u2019s June quarter results are as good as they come. In the midst of the messy, public spat between the airline company\u2019s co-founders, the company reported a standout performance, with reported net profit being about 60% higher than the Street\u2019s already optimistic estimates. InterGlobe runs IndiGo, India\u2019s largest airline. As an analyst at a domestic brokerage puts it, \u201cWhile the results are impressive, it\u2019s unlikely that the IndiGo stock will go back to its earlier highs because of the unresolved spat between the co-founders.&#8221; IndiGo\u2019s management tried to assuage investor concerns by saying [&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":[188,139,130],"tags":[],"class_list":["post-283555","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283555","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=283555"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283555\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}