{"id":578120,"date":"2023-05-20T11:25:19","date_gmt":"2023-05-20T05:55:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=578120"},"modified":"2023-05-20T13:02:05","modified_gmt":"2023-05-20T07:32:05","slug":"indigo-shares-gain-as-airline-reports-profit-in-q4-what-should-investors-do-now","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-shares-gain-as-airline-reports-profit-in-q4-what-should-investors-do-now\/","title":{"rendered":"IndiGo shares gain as airline reports profit in Q4. What should investors do now?"},"content":{"rendered":"<p>Interglobe Aviation\u2019s shares gained on Friday after the company reported profit for the January-March quarter against a loss in the corresponding quarter in the year ago period.<\/p>\n<p>Following the Q4 show, Credit Suisse maintained an \u2018Outperform\u2019 rating on the counter while other top brokerages have a \u2018Buy\u2019 stance. <\/p>\n<p>The company which operates its airline under the IndiGo brand posted a consolidated net profit of Rs 919 crore for the January-March period on Thursday as against a loss of Rs 1,682 crore in Q4FY23. On a sequential basis, profit fell 35% from Rs 1,423 crore in the preceding December quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interglobe Aviation\u2019s shares gained on Friday after the company reported profit for the January-March quarter against a loss in the corresponding quarter in the year ago period. Following the Q4 show, Credit Suisse maintained an \u2018Outperform\u2019 rating on the counter while other top brokerages have a \u2018Buy\u2019 stance. The company which operates its airline under the IndiGo brand posted a consolidated net profit of Rs 919 crore for the January-March period on Thursday as against a loss of Rs 1,682 crore in Q4FY23. On a sequential basis, profit fell 35% from Rs 1,423 crore in the preceding December quarter.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-578120","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578120","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=578120"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/578120\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=578120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=578120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=578120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}