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2024

IndiGo Q4 Preview: PAT may double YoY on robust demand; healthy revenue growth likely

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Brokerages expect India’s leading airline to post healthy earnings for the fourth quarter. Its results will be declared on May 23. Revenue for the period is expected to grow 16% YoY. Motilal Oswal expects RPK at 30 billion (16% year-on-year), PLF at 87.5% (up from 85.8% in 3QFY24) and ASK of 34 billion (up 12% year-on-year).














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