InterGlobe Aviation Q2 Results Preview: Analysts Expect Mixed Performance with Revenue Growth Up to 13%

InterGlobe Aviation , the parent company of IndiGo airlines, is set to announce its September quarter earnings on November 4. Analysts are anticipating a mixed performance for Q2 due to seasonal weakness typically observed in the aviation sector during this period.

Revenue Projections

Brokerages have forecasted revenue growth ranging between 4% and 13% for InterGlobe Aviation. Here's a breakdown of the topline projections:

Brokerage	Revenue Projection (in crores)
Lowest Estimate	17646.00
Highest Estimate	19148.00

Profit and Loss Expectations

Analysts have diverse views on the company's profitability for Q2:

Brokerage	Profit/Loss Projection
Kotak Equities	Adjusted net loss of 1574.00 crore
Nuvama	Core profit of 324.00 crore
Motilal Oswal	Net loss of 661.00 crore
ElaraCapital	Recurring PAT of 1530.00 crore

EBITDA Forecasts

Brokerage	EBITDA Projection (in crores)	EBITDA Margin
Kotak Equities	1241.00	7%
Motilal Oswal	2112.00	11.5%

Key Insights

Kotak Equities expects a widening adjusted net loss and an EBITDA of 1241.00 crore with a 7% margin.
Nuvama forecasts a turnaround with a core profit of 324.00 crore and revenues of 19148.00 crore.
Motilal Oswal projects a narrowing net loss and an EBITDA of 2112.00 crore with an 11.5% margin.
ElaraCapital anticipates a recurring PAT of 1530.00 crore.

Outlook

Despite the expected mixed performance in Q2, which reflects seasonal softness, analysts maintain a constructive medium-term outlook for InterGlobe Aviation. This positive stance is supported by the company's international expansion plans and network additions.

Investors and market watchers will be keenly awaiting the official Q2 results announcement on November 4 to gauge the company's performance against these varied projections.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.25%	-2.39%	+0.68%	+2.96%	+43.71%	+315.65%

Interglobe Aviation , the parent company of India's largest airline IndiGo, witnessed a significant block trade on the National Stock Exchange (NSE) recently. The transaction involved approximately 100,150 shares of the company, highlighting substantial institutional interest in the airline stock.

Block Trade Details

Aspect	Details
Number of Shares	100,150
Price per Share	Rs. 5,760.00
Total Transaction Value	Rs. 57.69 crores

The block deal, executed at Rs. 5,760.00 per share, amounted to a total transaction value of Rs. 57.69 crores. This trade represents a notable movement in InterGlobe Aviation's stock, potentially indicating investor confidence or strategic positioning by institutional players in the aviation sector.

Market Implications

Block trades of this magnitude often attract attention from market participants as they can provide insights into institutional investors' perspectives on a company's prospects. For InterGlobe Aviation, this transaction could be seen as a significant vote of confidence, especially considering the challenges faced by the aviation industry in recent years.

It's important to note that while block trades can influence market sentiment, investors should consider a wide range of factors, including the company's fundamentals, industry trends, and broader market conditions, when making investment decisions.

InterGlobe Aviation, as the operator of IndiGo, plays a crucial role in India's aviation landscape. The company's stock performance and large trades like this one are closely watched by market analysts and investors alike, as they can provide indicators about the health and perception of the Indian aviation sector.

As always, investors are advised to conduct their own research and consult with financial advisors before making any investment decisions based on market movements or block trades.