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What should investors do with Interglobe Aviation post Q2 results: Buy, sell or hold?

Revenue of the company was at Rs 5,608 crore against Rs 2,741 crore, YoY.

October 29, 2021 / 10:58 AM IST
 
 
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Interglobe Aviation share price fell 7 percent in early trade on October 29 a day after the company reported its September quarter earnings. Interglobe Aviation posted net loss of Rs 1,435.7 crore in Q2FY22 against loss of Rs 1,194.8 crore in the year ago period.

Revenue of the company was at Rs 5,608 crore against Rs 2,741 crore, YoY.

Earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) was down 16.6% at Rs 340.8 crore and margin was at 6.1 percent.

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