IndiGo Q4 preview: InterGlobe Aviation, the parent company of low-cost carrier IndiGo airlines, is set to report its March quarter result on May 25. However, after reporting a surprise net profit of Rs 129.8 crore in the previous quarter (Q3FY22), analysts expect the airline to bleed this quarter yet again amid high fuel costs.
According to brokerages, sharp improvement in yields, passenger levels, and load factor could support earnings before interest, tax, depreciation, and amortization (Ebitda) recovery sequentially but base lease rentals and supplementary rentals, along with sharp uptick in aviation turbine fuel (ATF) remain large cost items.
Here's what