IndiGo Board Recommends Dividend Of Rs 10 Apiece — Check Details
IndiGo's fourth quarter profit rose 62%, surpassing analysts' estimates.
InterGlobe Aviation Ltd.'s board has recommended a dividend of Rs 10 apiece for fiscal 2025. This implies that the company is set to pay out 196 crore to nearly 3 lakh shareholders.
This recommendation is subject to the approval of shareholders of the company at the ensuing annual general meeting.
The payment of dividend will be completed within 30 days of declaration at the ensuing AGM. The convening of the 22nd AGM of the IndiGo is set to take place on Aug. 20, according to the company.
IndiGo's fourth quarter profit rose 62%, surpassing analysts' estimates, aided by benign crude oil prices and domestic travel surge during Mahakumbh 2025.
IndiGo Q4 FY25 Results Highlights (Consolidated, YoY)
Revenue up 24.3% at Rs 22,152 crore (Estimate: Rs 21,887 crore).
Ebitdar rose 50% to Rs 6,817 crore.
Ebitdar margin stood at 30.8% versus 25%.
Net profit up 62% at Rs 3,067 crore. (Estimate: Rs 2,574 crore).
Ahead of the quarterly results, shares of IndiGo's parent company closed 0.37% higher at Rs 5,465.65 apiece on the BSE, as compared with a 0.51% gain in the benchmark Sensex.
