Earnings Alerts

InterGlobe Aviation Ltd (INDIGO) Earnings: Q1 Revenue Surpasses Estimates

  • IndiGo’s revenue for the first quarter outperformed expectations.
  • Reported revenue: 195.71 billion rupees.
  • Analysts had estimated revenue to be 187.18 billion rupees.
  • Total costs incurred were 174.45 billion rupees.
  • Fuel costs were above estimates at 64.17 billion rupees, compared to the expected 61.63 billion rupees.
  • IndiGo generated 6.78 billion rupees in other income.
  • Analyst recommendations include 16 buys, 4 holds, and 2 sells.

A look at InterGlobe Aviation Ltd Smart Scores

FactorScoreMagnitude
Value0
Dividend1
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE2.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

InterGlobe Aviation Ltd, a global player in the passenger airlines sector, is positioned for long-term growth as indicated by their strong scores in Growth and Momentum factors on the Smartkarma Smart Scores. With a Growth score of 4, the company is showing promising potential for expansion and development in the future. Additionally, a Momentum score of 4 suggests that InterGlobe Aviation is maintaining a strong upward trend, which is a positive indicator for sustained performance.

While InterGlobe Aviation Ltd may not be seen as a value investment currently based on a Value score of 0, its overall Resilience score of 2 signifies a moderate ability to weather market fluctuations. Moreover, the company’s Dividend score of 1 hints at a somewhat subdued focus on distributing profits to shareholders. In summary, InterGlobe Aviation Ltd appears to be well-positioned for growth and momentum in the long term, supported by its core business offering passenger airline services globally.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars