Business Today – August 25, 2019

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

0. 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