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InterGlobe Aviation Q4 profit slumps 73% YoY

InterGlobe Aviation has reported 73.30% yearly fall in profit at Rs.117.64 crore, for the quarter ended March 31,2018.

The company in the same period last year, reported a profit of Rs.440.30 crore. Revenue for the quarter under review rose 19.6% YoY to Rs.5,799.11 crore. PAt margin for the quarter fell to 2%, from 9.1% in the year ago quarter .

The EBITDAR margin for the quarter fell to 19.5%, from 29.9% in the same period last year. Furthermore, the company’s board has recommended a dividend of Rs.6 per share.

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