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Akshay Patel

27th May 2025 · SEBI-Registered Analyst

IndiGo block deal

INDIGO
block deal: 2.26 crore shares worth ₹11,928 crore change hands; stock down over 2% IndiGo block deal: Earlier, news reports said that the company's promoter Rakesh Gangwal and his family trust were likely to offload up to 3.4% stake worth at least ₹6,831 crore in the airline today. InterGlobe Aviation reported a net profit of ₹3,068 crore for the January-March quarter (Q4 FY25), marking an increase of 62% from ₹1,895 crore logged during the same period last year. Its revenue from operations rose 24% to ₹22,152 crore in the fourth quarter of the financial year 2024-25 from ₹17,825 crore in the year-ago period.

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