Preview: India's Indigo set for higher quarterly earnings on cost controls, analysts say

Spicejet

04/11/2025 04:19

** Budget airline IndiGo's parent Interglobe INGL.NS shares flat before Q2 results today

** PL Capital sees flat yields amid weak demand, FX losses; revenue may rise 7.2% YoY

** Elara Capital expects 110% YoY EBITDA growth on higher airfares, lower fuel costs, 12% passenger growth

** Adds, expected benefit from gradual return of grounded Pratt & Whitney engine aircraft, cutting lease costs

** Jefferies notes domestic capacity optimisation in soft quarter, stronger international growth to offset higher FX costs

** 23 analysts avg "buy" rating; median PT 6,600 rupees vs current around 5,280 rupees - data compiled by LSEG

** YTD, INGL up 23.4% vs Spicejet's SPJT.BO 34% decline

 (Reporting by Urvi Dugar in Bengaluru)

 ((UrviManoj.Dugar@thomsonreuters.com;))