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Jun 25, 2020 · The Pandemic Changed That. (Bloomberg) — Indigo Books & Music Inc., Canada’s largest chain of bookstores, was on track to return to profitability right up until the pandemic hit. Instead, it reported a C$171 million ($125 million) loss in the fiscal fourth quarter ended in March and expects a “damaging” year ahead, according to Chief ...
TORONTO, ON – June 2, 2022 -- Indigo Books & Music Inc. (TSX: IDG), Canada’s largest book and lifestyle retailer reported financial results for the 52-week period ended April 2, 2022 compared to the 53-week period ended April 3, 2021. Revenue increased $157.6 million or 17.4% to $1.06 billion from $904.7 million last year.
Jun 12, 2022 · Not too long ago, Indigo announced a return to profitability for the first time since 2019. In a dramatic $60 million pivot, it swung from EBITDA of roughly -$30 million in 2020 to positive EBITDA of $32.5 million for the fiscal year ending March 2022. Andrea Limbardi, c hief digital and customer officer at Indigo, attributes the turnaround ...
- 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:
May 27, 2024 · It has offered few specifics, but Reisman, who founded the chain in 1996, has said it is meant to “return Indigo to both growth and profitability.” In the months since she mentioned the plan, some stores have had wellness products and the popular American Girl dolls culled from their shelves and Columbus Cafe & Co. has moved into some Indigo spaces previously held by Starbucks.
Mar 26, 2021 · 2.60%: The average mortgage interest rate in Canada in 2020. Down from the 3.14% average reported in 2019. 2.32%: The average mortgage rate on homes purchased in 2020. Fixed rates averaged 2.37% and variables averaged 1.93%. 2.29%: The average rate for mortgages renewed in 2020.
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