IndiGo Q4 Preview: PAT may double YoY on robust demand; healthy revenue growth likely

Brokerages expect India’s leading airline to post healthy earnings for the fourth quarter. Its results will be declared on May 23. Revenue for the period is expected to grow 16% YoY. Motilal Oswal expects RPK at 30 billion (16% year-on-year), PLF at 87.5% (up from 85.8% in 3QFY24) and ASK of 34 billion (up 12% year-on-year).