Shares of the low cost carrier jumped 12.08% in the past four sessions to end at Rs 1,068.40 on 13 April 2020, from its recent closing low of Rs 953.25 recorded on 3 April 2020.
Indigo during market hours today (15 April) announced that has suspended the operation of all its scheduled commercial international and domestic flights until 3 May 2020 in light of the extension of the national lockdown.
Indigo reported a consolidated net profit surged 167.8% to Rs 495.97 crore on a 25.5% jump in net sales to Rs 9,931.69 crore in Q3 December 2019 over Q3 December 2018.
Indigo is among the fastest growing low cost carriers in the world.
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