External broker reports(aggregated public sources), Emkay Global Financial Services Limited

Emkay

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External broker reports(aggregated public sources)

Emkay Global Financial Services Limited

Emkay Global Financial Services Ltd. is a leader in the financial services sector, actively creating wealth for our clients for over two decades. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

InterGlobe Aviation Ltd / Equity Bottom-Up

<ul><li>Indigo posted robust results in Q3FY25, with SA EBITDA of Rs66.2bn – a 15% beat.</li><li>This was driven by a 3% beat each on RASK/yields, while fuel cost and rentals were also lower.</li><li>CASK ex-fuel and forex (Fx) was only 1% above our estimate, though net Fx loss was high at Rs14bn.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Indigo posted robust results in Q3FY25, with SA EBITDA of Rs66.2bn – a 15% beat.This was driven by a 3% beat each on RASK/yields, while fuel cost and rentals were also lower.CASK ex-fuel and forex (Fx) was only 1% above our estimate, though net Fx loss was high at Rs14bn.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

InterGlobe Aviation - Strong Quarter with Beat on Yields