Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
IndiGo to pay dividend after 5 years on record Q4 profit
Mint Kolkata
|May 22, 2025
Airline's quarterly profit jumps 62% to ₹3,068 crore on a spike in travel during Mahakumbh
IndiGo reported a record fourth-quarter profit due to a spike in travel during Mahakumbh, prompting India's largest airline by market share and fleet size to announce its first dividend after five years.
InterGlobe Aviation Ltd, which operates the carrier, recorded a profit after tax (PAT) of ₹3,068 crore in the quarter ended March, a jump of 61.9% from ₹1,895 crore a year earlier.
The company's board recommended a dividend of ₹10 per equity share, subject to shareholder approval. That's 100% on a face value of ₹10 per share.
Total income for the quarter rose 24.8% year-on-year to ₹23,098 crore. Revenue from operations increased 24.3% to ₹22,152 crore. Its expenses in Q4 stood at ₹19,928 crore, rising 19.1% on the back of higher aviation turbine fuel (ATF) prices and aircraft leases.
This story is from the May 22, 2025 edition of Mint Kolkata.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Kolkata
Mint Kolkata
Battery storage to jump 6x by 2047
(MNRE).
2 mins
November 27, 2025
Mint Kolkata
India’s labour reforms promote inclusion as well as productivity
The codes are designed to work in the interests of our workforce while supporting economic growth
3 mins
November 27, 2025
Mint Kolkata
ICIL sells Bharti Airtel's stake
Telecom czar Sunil Bharti Mittal’s family office-owned ICIL on Wednesday raised ₹7,195 crore by selling a 0.
1 min
November 27, 2025
Mint Kolkata
McKinsey trims about 200 tech jobs
The consulting firm joins rivals in using artificial intelligence to automate some positions.
1 min
November 27, 2025
Mint Kolkata
Uber India valuation surges amid battle with Ola, Rapido
November funding values shares 41% higher than the previous round in May 2023
2 mins
November 27, 2025
Mint Kolkata
EV, hydro boom to power 6x rise in battery storage by ‘47
India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.
1 min
November 27, 2025
Mint Kolkata
Climate crisis: Innovation works, compression doesn't
After weeks of hot air, the UN’s CoP summit limped to an end in Brazil's Amazonian hub of Belém over the weekend, with a ‘deal’ that delivers nothing measurable for the climate, while wasting political capital and much effort on pledges.
3 mins
November 27, 2025
Mint Kolkata
PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut
Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.
2 mins
November 27, 2025
Mint Kolkata
Cabinet approves ₹7,280 cr rare earth magnets scheme
The scheme has been drawn up along the lines of India’s semiconductor mission
2 mins
November 27, 2025
Mint Kolkata
PORTFOLIO MANAGEMENT AND ASSET ALLOCATION LESSONS FROM THE MAHABHARAT
Thenote can move freely across need and time.
2 mins
November 27, 2025
Listen
Translate
Change font size