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the Company’s product strategy and strong revenue performance drove the Company’s return to profitability, with adjusted EBITDA of $32.5 million and net earnings of $3.3 million, an improvement of $60.8 million and $61.2 million, respectively. Revenue growth was driven by the success of Indigo’s omnichannel business, with the first good
- For The Quarter Ended March 31, 2023, Compared to The Same Period Last Year
- For The Year Ended March 31, 2023, Compared to Year Ended March 31, 2022
- Operational Metrics*
- Revenue and Cost Comparisons
- Cash and Debt
- Network and Fleet
- Operational Performance
- Future Capacity Growth
- Awards and Accolades
- Conference Call
Capacity increased by 2% to 30.4 billionPassenger numbers increased by 5% to 23.4 millionYield improved by 2% to INR 4.85 and load factor improved by 7.5 pts to 84.2%Revenue from Operations increased by 5% to INR 141,606 millionCapacity increased by 5% to 114.4 billionPassenger numbers increased by 9% to 85.6 millionYield improved by 9% to INR 5.13 and load factor improved by 8.5 pts to 82.1%Revenue from Operations increased by 110.0% to INR 544,465 million*Includes non-scheduled operations *Includes non-scheduled operations Mr. Pieter Elbers, CEO, said, “With a combination of robust market demand and focused execution of our strategy, this was the second consecutive quarter wherein we produced strong operational and financial results, as we reported the highest ever fourth quarter net profit of 9,19...
Total income for the quarter ended March 2023 was INR 146,001 million, an increase of 77.9% over the same period last year. For the quarter, our passenger ticket revenues were INR 124,346 million, an increase of 80.6% and ancillary revenues were INR 14,459 million, an increase of 36.6% compared to the same period last year. *Net of finance income o...
As of 31stMarch 2023 1. IndiGo had a total cash balance of INR 234,243 million comprising INR 121,948 million of free cash and INR 112,295 million of restricted cash. 2. The capitalized operating lease liability was INR 415,477 million. The total debt (including the capitalized operating lease liability) was INR 448,542 million.
As of 31stMarch 2023, fleet of 304 aircraft including 21 A320 CEOs, 162 A320 NEOs, 79 A321 NEOs, 39 ATRs, 2 A321 freighters and 1 B777 (damp lease); a net increase of 2 passenger aircraft during th...IndiGo operated at a peak of 1,815 daily flights during the quarter including non-scheduled flights.During the quarter, provided scheduled services to 78 domestic destinations and 22 international destinations.During the quarter, provided services to 30 additional international destinations through strategic partnerships.For the period January-March’23 1. IndiGo had a Technical Dispatch Reliability of 99.92%. 2. IndiGo had an on-time performance of 88.5% at four key metros and flight cancellation rate of 0.86%.
First quarter of fiscal year 2024 capacity in terms of ASKs is expected to increase by around 5-7% as compared to the fourth quarter of fiscal year 2023.
IndiGo was awarded “Top Airline by Absolute Passenger Growth (South Asia)” at Changi Airline Awards 2023.IndiGo was awarded 'Fast Runners in Disability’ award at the ‘Disability Positive Summit & Awards’ 2023, for its contribution in the DEI (Diversity, Equity and Inclusion) space.IndiGo was awarded the gold award at ‘Afaqs! Digies – Digital Awards 2023’ for the ‘best use of YouTube’.The Company will conduct a live audio earnings call today, May 18 at 5 pm IST which will be available to the public on a listen only mode followed by Q&A session. The dial-in details are given below:
Mar 31, 2023 · For the full financial year 2024, we reported our highest ever total income of around 712 billion rupees with a net profit of around 82 billion rupees and a net profit margin of 11.9%. The 4th quarter financial results were positive, making it all four quarters in FY24 profitable.
The impact on revenue from extensive COVID-19 related store closures was contained to a decline of 5.5% or $53.0 million on full-year results, with Indigo reporting revenue of $904.7 million compared to $957.7 million last year. Key markets like the Greater Toronto Area were impacted for around six months’ time, including over the critical ...
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Annual Report 2 022 5 Management of Indigo Books & Music Inc. (the “Company”) is responsible for the preparation and integrity of the consoli- dated financial statements as well as the information contained in this report.
Aug 3, 2023 · IndiGo has 316 aircraft and is awaiting the delivery of a record 1,330 aircraft from Airbus, making it the world’s biggest A320 family customer.
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May 23, 2024 · The quarter gone by. During the fourth quarter ended March 2024, the airline more than doubled its Q3FY23 net profit of ₹ 919.2 crore to ₹ 1,894.8 crore. Total income rose 26.7% during the ...
