The Board of Interglobe Aviation at its meeting held on 25 October 2024 has approved investment of up to Rs 295 crore in IndiGo Ventures Fund - I (a scheme of InterGlobe Aviation Ventures (Category - II, Alternate Investment Fund - AIF Trust). The Company proposes to invest Rs 295 crore in the Scheme. The Scheme will primarily invest in equity of start-ups in pre-series A, Series A and Series B stages. The focus sectors will be Aviation & Allied sectors.Powered by Capital Market - Live News

Net loss of Interglobe Aviation reported to Rs 986.70 crore in the quarter ended September 2024 as against net profit of Rs 188.93 crore during the previous quarter ended September 2023. Sales rose 13.56% to Rs 16969.60 crore in the quarter ended September 2024 as against Rs 14943.88 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales16969.6014943.88 14 OPM %9.6114.72 - PBDT1180.401738.07 -32 PBT-907.10189.10 PL NP-986.70188.93 PL Powered by Capital Market - Live News

InterGlobe Aviation will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live News

Interglobe Aviation has allotted 10,000 equity shares under ESOS on 01 October 2024. With this allotment, the paid up equity share capital has increased to 386,272,209 equity shares of Rs 10 each. Powered by Capital Market - Live News

InterGlobe Aviation has appointed Isidro Porqueras as Chief Operating Officer (COO) effective 01 November 2024. Porqueras will succeed Wolfgang Prock-Schauer, who has been successfully leading the operations at IndiGo for past 7 years (since 2018) and will be retiring later this year.Powered by Capital Market - Live News