Preview: India's InterGlobe Aviation down ahead of results as street sees profit drop

Interglobe Aviation

29/05/2026 06:42

** Airline operator InterGlobe Aviation INGL.NS shares fall 2.3% to 4,465.1 rupees ahead of Q4 results 
** Street expects the airline to post a 3.6% rise in quarterly revenue with net income dropping 46.8% from a year earlier, according to data compiled by LSEG 
     ** ICICI Securities says Middle East crisis now seems to  be elongating with continuing geopolitical turbulence; sees near-term pressure on earnings
** "While better industry structure and resilient demand may help sustain price hikes, profits could remain under pressure given IndiGo's large mix of routes,"  - ICICI
** The carrier along with domestic rival Air India cancels around 7%-10% and 22% of planned international and domestic flights respectively, for June-July, sources told Reuters 
** Nineteen of 24 brokerages rate the stock "buy" or higher; their median PT is 5,350 rupees
** YTD, stock down 11.3% vs 8.5% decline in Nifty 50 Index .NSEI 

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com;))