Q4FY17 results: Interglobe aviation Ltd.
Interglobe aviation Ltd. reported its results for the quarter ended March 31, 2017 today.
The company's total sales for Q4FY17 came in at Rs. 4848 crore, which represents a 2.77 per cent sequential decline and 18.52 per cent YoY increase.
Its operating profit (EBIT) for the quarter amounted to Rs. 402.6 crore and its EBIT margin stood at 8.3 per cent.
The company reported PAT of Rs. 440.3 crore, which represents a sequential QoQ decline of 9.63 per cent and a YoY decline of 24.57 per cent.
The company proposed dividend of Rs 34 per share on the face value of Rs 10 per share for the financial year ended March 31, 2017.
The stock opened at Rs 1120.10 and closed at a high of Rs 1140.10, a gain of 1.79%.
Interglobe Aviation Limited is engaged in business of providing domestic and international scheduled air transport services under the name of IndiGo.