Wednesday, 24 October 2018

InterGlobe Aviation likely to post Q2 loss on higher crude, weak currency

which operates the airline IndiGo, is probably going to post a web loss for the September quarter as weak currency and rising crude costs might weigh down its financials, analysts have same.

Kotak Institutional Equities expects web loss for the September quarter to be at Rs 466.3 large integeragainst Rs 551.5-crore profit denote by the firm throughout identical quarter of last year. compass Capital, meanwhile, expects it to widen to Rs 651.8 crore.

Meanwhile, Motilal Oswal estimates a profit of Rs 149.3 large integer for the quarter below review. It expects the airline to report a revenue of Rs seven,100 crore. Kotak Institutional Equities and compass Capital expect it to be Rs half-dozen,479-6,280 crore.

We expect half-hour YoY growth in traveler volumes and four-dimensional YoY fall in average price ticket worthto drive overall YoY revenue growth of twenty-two,” analysts at Kotak Institutional Equities same during areport.
Ambit is additionally paying attention of uppermaintenance prices, driven by newer ATR ramp-up and A320 grounding problems.

Get in touch with us by Click here or give us a missed call on +91-8085999888 and get 2 day's free trail Here

1 comment:

  1. Sebi Registered Investment adviser Best Intraday Tips With sure calls and one of the Best Sebi Registered advisary firm and one of The Leading company of india.