Shares of InterGlobe Aviation fell on lower quarterly profit.

Shares of InterGlobe Aviation Ltd, owner of the country's largest airline, IndiGo, fell as much as 3.4 per cent.

The company has posted nearly 25 per cent fall in quarterly profit on Tuesday, hurt by rising fuel costs.

“IndiGo posted weak Q4 results as yields failed to offset the cost pressures,” according to Morgan Stanley analysts.

The stock posted biggest intraday percentage fall since April 21.

comment COMMENT NOW