Indigo's shares fell 6.41% on Tuesday after the airline posted a 7% fall in its April-June net profit. Interglobe Aviation's shares fell 6.41%, down Rs 62.45 at Rs 911.50 per share on Tuesday. In the April - June quarter, the company's profits fell from 638.89 crore to Rs 591.77 crore, down 7%. The shares of InterGlobe Aviation, IndiGo's parent company, fell nearly 7% on Tuesday after the airline posted a 7% fall in its net profit at Rs 591.77 crore in the June-end quarter. The airline's total revenue rose by 9,7% to Rs 4,741.45 crore from Rs 4,211.54 crore in the same period last year, a PTI report said.

Source: dna August 02, 2016 06:45 UTC