Based on the annual turnover considering notional value of option contracts, the total differential Sebi regulatory fees from FY 2006-07 to FY 2022-23 would be approximately Rs 68.64 crore plus GST, which includes interest of Rs 30.34 crore.
InterGlobe Aviation, the operator of India s leading airline IndiGo, delivered a better than expected performance across most parameters in Q2FY24.
The company posted its fourth consecutive quarter of net profit of Rs 188 crore.
It had reported a loss of Rs 1,583 crore in the same quarter a year ago.
Rising crude oil prices and muted passenger traffic in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24) have raised concerns about the profitability of listed aviation players.
These two concerns have caused the stock of InterGlobe Aviation (IndiGo), the largest player in the sector, to slip by 11 per cent since its highs at the end of July.
Nuvama Research expects yields to cool down in the near term due to seasonality, rising crude oil prices, and higher capacity.