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InterGlobe Aviation shares soar 6%

InterGlobe Aviation shares soar 6%

New Delhi: Shares of InterGlobe Aviation, the parent of IndiGo, climbed nearly 6 per cent on Monday after the firm reported more than doubling of profit after tax to Rs 2,998.1 crore for December 2023 quarter.

The stock jumped 5.57 per cent to Rs 3,301.40 -- its 52-week high -- on the BSE. At the NSE, it climbed 5.52 per cent to Rs 3,300 -- its 52-week high. Helped by higher capacity and increased passenger traffic, InterGlobe Aviation saw its profit after tax jump in the third quarter of the current fiscal from Rs 1,422.6 crore in the year-ago period.

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