IndiGo shares slump as much as 11% after earnings shocker
Updated : July 31, 2018 01:26 PM IST
While revenues grew 13 percent, a sharp rise in fuel costs, a forex loss and competitive pressures hurt profitability.
Yields dropped over 5 percent to Rs 3.6/km from Rs 3.8/km a year ago.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more