Business Today – August 25, 2019

(Marcin) #1

BUSINESS TIES
Related party transactions between IndiGo and
Rahul Bhatia's IGE Group rose in 2018/19


15.73 15.83


Real Estate


Crew
Accommodation

RPTs as a percentage
of IndiGo’s consolidated
turnover (in %)

Simulation
Training

96.48
75.6 3 6.^58

2017/18
(Audited)
2018/19
(unaudited)

18.04*


GSA


21.02 19.7 7



  1. 5 0.53
    Figures in ` crore
    *The amount reflects increase in flight
    operations and passenger traffic; GSA
    income includes commission and rent
    Source: IGE Group statement


INDIGO CONTINUES TO
RULE THE SKIES

0

10

20

30

40

50
IndiGo
Jet Airways
Go Air
Air India
SpiceJet

Market share (%)

*Includes JetLite
Source: DGCA
July 2018 June 2019

InterGlobe Enterprises Private Ltd#
Gross Sales

Total
Expenses

Profit/Loss

17.83
527.45
276.07
2.90
546.51
373.69
-6.67
-2.24
-11.09

#InterGlobe Enterprises Ltd was amalgamated
with Acquire Services Pvt. Ltd. in 2017 to
create InterGlobe Enterprises Pvt. Ltd;
Consolidated figures, in ` crore. Source: MCA

Gross
Sales

Total
Expenses

Profit/
Loss

28,496.77

28,702.21

Mar 2017 Mar 2018 Mar 2019

InterGlobe
Aviation Ltd

FAST
EXPANSION
Both IndiGo and Bhatia's
IGE have been growing.
So, their related party
transactions may
rise further

,.


  • 18


,^58

0.
50

23 ,
020

.^89


16

,^3
61

.^8
3


19
,^99

1.^16

(^1) , (^65)
(^9). (^19)
(^2) , (^24)
(^2). 37 156.^14
Numbers are
standalone

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