InterGlobe Aviation Ltd Q4FY21 consolidated loss at Rs. 1147.16 crores

InterGlobe Aviation Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.6361.80 crores during the period ended March 31, 2021 as compared to Rs.5142.77 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.(1147.16) crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.(620.14) crores for the period ended December 31, 2020.

The company has reported EPS of Rs.(29.81) for the period ended March 31, 2021 as compared to Rs.(16.11) for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 6361.80 crs	₹ 5142.77 crs	23.7%
Net Profit	₹ (1147.16) crs	₹ (620.14) crs	84.98%
EPS	₹ (29.81)	₹ (16.11)	85.04%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.6361.80 crores during the period ended March 31, 2021 as compared to Rs.8634.62 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.(1147.16) crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.(870.80) crores for the period ended March 31, 2020.

The company has reported EPS of Rs.(29.81) for the period ended March 31, 2021 as compared to Rs.(22.63) for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 6361.80 crs	₹ 8634.62 crs	-26.32%
Net Profit	₹ (1147.16) crs	₹ (870.80) crs	31.74%
EPS	₹ (29.81)	₹ (22.63)	31.73%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.15677.59 crores during the 12 months period ended March 31, 2021 as compared to Rs.37291.51 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.(5806.42) crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.(233.67) crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.(150.89) for the 12 months period ended March 31, 2021 as compared to Rs.(6.07) for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 15677.59 crs	₹ 37291.51 crs	-57.96%
Net Profit	₹ (5806.42) crs	₹ (233.67) crs	2384.88%
EPS	₹ (150.89)	₹(6.07)	2385.83%

The Company's CEO, Mr. Ronojoy Dutta said "This has been a very difficult year with our revenues slumping hard due to covid, showing some signs of recovery during the period December to February and then slumping again with the second wave of the covid. While we have seen a sharp decline in revenues in March through May, we are encouraged by the modest revenue improvements starting last week of May and continuing through June.

We see this pandemic as a period of great trial for both our shareholders and our employees. We are focusing all our efforts and all our energies to strengthen the foundations and the pillars of IndiGo so that we emerge from this trial significantly stronger structurally and even more customer responsive than ever before. While we have produced disappointing financial results this year, we have also positioned ourselves to be the best-in-class airline when the inevitable recovery finally arrives."

Shares of InterGlobe Aviation Ltd was last trading in BSE at Rs.1758.75 as compared to the previous close of Rs. 1765.65. The total number of shares traded during the day was 29240 in over 2287 trades.

The stock hit an intraday high of Rs. 1778 and intraday low of 1748.7. The net turnover during the day was Rs. 51545751.

Source : Equity Bulls

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