Quarter ended Sep 2021 compared with Quarter ended Sep 2020. 

Net sales (including other operating income) of Interglobe Aviation has increased 104.62% to Rs 5608.5 crore.  

Operating profit margin has declined from 7.52% to 3.41%, leading to 7.29% decline in operating profit to Rs 190.99 crore.  Purchase of finished goods cost rose from 0.09% to 0.29%.   Employee cost decreased from 26.99% to 14.31%.   Other expenses rose from 65.40% to 81.99%.   Power and Oil fuel cost rose from 23.60% to 35.48%.   Other direct service cost fell from 44.91% to 36.49%.   

Other income fell 34% to Rs 190.24 crore.  PBIDT fell 22.87% to Rs 381.23 crore.  Provision for interest rose 1.12% to Rs 568.82 crore.  Loan funds rose to Rs 32,335.28 crore as of 30 September 2021 from Rs 25,386.23 crore as of 30 September 2020.  Inventories rose to Rs 391.24 crore as of 30 September 2021 from Rs 301.88 crore as of 30 September 2020.  Sundry debtors were higher at Rs 274.24 crore as of 30 September 2021 compared to Rs 144.51 crore as of 30 September 2020.  Cash and bank balance declined from Rs 11,601.16 crore as of 30 September 2020 to Rs 10,200.94 crore as of 30 September 2021.  Investments rose to Rs 6,351.68 crore as of 30 September 2021 from Rs 6,328.84 crore as of 30 September 2020 .  

PBDT fell 174.78% to Rs 187.59 crore.  Provision for depreciation rose 10.78% to Rs 1248.07 crore.  Fixed assets increased to Rs 19,319.88 crore as of 30 September 2021 from Rs 16,815.72 crore as of 30 September 2020.  Intangible assets declined from Rs 37.75 crore to Rs 30.42 crore.  

Profit before tax down 20.15% to Rs -1,435.66 crore.  Share of profit/loss were nil in both the periods.  Provision for tax remained nil

Minority interest was nil in both the periods.  Net profit attributable to owners of the company decreased 20.16% to Rs -1,435.66 crore.

For year-to-date (YTD) results analysis.

Net sales (including other operating income) of Interglobe Aviation has increased 145.61% to Rs 8615.41 crore.  

Operating profit margin has jumped from negative 40.12% to negative 14.78%, leading to 9.49% rise in operating profit to Rs -1,273.77 crore.  Purchase of finished goods cost rose from 0.08% to 0.28%.   Employee cost decreased from 48.07% to 19.50%.   Other expenses rose from 92.03% to 95.02%.   Power and Oil fuel cost rose from 22.10% to 37.21%.   Other direct service cost fell from 61.83% to 54.51%.   

Other income fell 46.86% to Rs 353.57 crore.  PBIDT fell 24.01% to Rs 920.2 crore.  Provision for interest rose 4.85% to Rs 1124.31 crore.  Loan funds rose to Rs 32,335.28 crore as of 30 September 2021 from Rs 25,386.23 crore as of 30 September 2020.  Inventories rose to Rs 391.24 crore as of 30 September 2021 from Rs 301.88 crore as of 30 September 2020.  Sundry debtors were higher at Rs 274.24 crore as of 30 September 2021 compared to Rs 144.51 crore as of 30 September 2020.  Cash and bank balance declined from Rs 11,601.16 crore as of 30 September 2020 to Rs 10,200.94 crore as of 30 September 2021.  Investments rose to Rs 6,351.68 crore as of 30 September 2021 from Rs 6,328.84 crore as of 30 September 2020 .  

PBDT fell 12.69% to Rs 2044.51 crore.  Provision for depreciation rose 15.39% to Rs 2565.33 crore.  Fixed assets increased to Rs 19,319.88 crore as of 30 September 2021 from Rs 16,815.72 crore as of 30 September 2020.  Intangible assets declined from Rs 37.75 crore to Rs 30.42 crore.  

Profit before tax down 14.18% to Rs -4,609.84 crore.  Share of profit/loss were nil in both the periods.  Provision for tax remained nil

Minority interest was nil in both the periods.  Net profit attributable to owners of the company decreased 14.13% to Rs -4,609.84 crore.  

Equity capital increased from Rs 384.80 crore as of 30 September 2020 to Rs 385.15 crore as of 30 September 2021.  Per share face Value remained same at Rs 10.00.  

Promoters' stake was 74.79% as of 30 September 2021 ,compared to 74.86% as of 30 September 2020 .  

Cash flow from operating activities increased to negative Rs -919.87 crore for YTD ended September 2021 from negative Rs -2,185.69 crore for YTD ended September 2020.  Cash flow used in acquiring fixed assets during the YTD ended September 2021 stood at Rs 122.66 crore, compared to Rs 198.72 crore during the YTD ended September 2020.  

Management Commentary:

Commenting on the performance the Company's CEO, Mr. Ronojoy Dutta said, "We are encouraged by the pace of revenue recovery. We continue to work towards return to profitability in order to strengthen our balance sheet. With a modern fleet, dedicated employees and a stronger economic environment we are well positioned to leverage all the growth opportunities around us ."