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IndiGo Q2 preview: Rupee depreciation may dent EBITDAR margin

Analysts at Prabhudas Lilladher, however, expect a higher revenue at Rs 8,364.7 crore, up 35.2 per cent YoY, on the back of increased international operation

IndiGo
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File Photo: An IndiGo Airlines cabin baggage security check tag is pictured on a passenger's luggage at Bengaluru International Airport in Bangalore | Photo: Reuters

Nikita Vashisht New Delhi
The Board of InterGlobe Aviation-led IndiGo will meet on Thursday, October 24, to report its September quarter earnings for the financial year 2019-20 (Q2FY20) amid fresh feud between promoters Rahul Bhatia and Rakesh Gangwal.

Once considered resolved, differences between the two resurfaced on October 1, when Bhatia filed litigation against Gangwal in London under the shareholders' agreement, dated April 23, 2015. Since then, the stock of India’s largest airline has slipped 8.5 per cent, as against a 1.6 per cent rise in the benchmark S&P BSE Sensex.

ALSO READ: InterGlobe boardroom fight goes to Florida court, Bhatia challenges

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