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IndiGo Q3 Results Review: Motilal Oswal Retains 'Neutral' Stance On The Stock — Here's Why
The brokerage reiterates Neutral rating on the stock with a target price of Rs 4,535, based on eight times Dec’26E EV/Ebitdar.
27 Jan 2025, 09:20 AM IST 
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Interglobe Aviation Ltd. reported flat YoY Ebitda at Rs 51.6 billion and PAT of Rs 24.4 billion (estimate Rs 36.9 billion) in Q3 FY25.
(Photo: Vijay Sartape/NDTV Profit)
IndiGo is striving to improve its international presence through strategic partnerships and loyalty programs. It served 106.7 million customers in FY24, with a net increase of 63 aircraft. The company had eight strategic partners with a 27% international share in terms of ASK in FY24.
