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SpiceJet net profit News

11 Feb 2019

SpiceJet Q3 net profit plunges 77% to Rs 55 crore

The Gurugram-based airline had posted a net profit of Rs 240 crore in the year-ago period, a company statement said.

28 Nov 2017

SpiceJet sets up subsidiary for real estate biz

The carrier has been working on ways to bolster its ancillary revenues.

SpiceJet's scrip

13 Nov 2017

SpiceJet shares soar nearly 5% after September quarter earnings

SpiceJet today reported a 79 percent increase in net profit to Rs 105.28 crore for the three months ended September as higher passenger revenues and fall in expenses bolstered the bottom line.

13 Nov 2017

SpiceJet Q2 net profit jumps to Rs 105 crore

This is also the carrier's highest ever second quarter profit.

27 Jan 2016

SpiceJet re-negotiating contracts to bring down costs: Ajay Singh

To reduce overall costs, SpiceJet is re-negotiating contracts related to aircraft lease, engineering, maintenance and other areas as some of the pacts are "out of sync" with realities, airline's chief Ajay Singh said.

22 Jan 2016

SpiceJet posts Rs 238 crore profit for third quarter

This is also the highest ever profit recorded by the carrier, which was facing turbulent times a year ago.

12 Nov 2015

Profitable SpiceJet's liabilities outweigh assets

The airline Thursday reported a net profit of Rs 23.77 crore in the three months ended September on the back of a steep fall in fuel costs and other expenses. It had a net loss of Rs 310.45 crore in the year-ago period.

29 Jul 2015

SpiceJet shares continue to fly high; gain 6.5%

Shares of budget carrier SpiceJet rose 6.5 percent Wednesday after the company posted second straight quarterly profit at Rs 71.8 crore for the three months ended June, 2015.

29 May 2015

SpiceJet flies high, stock soars nearly 7% on solid results

Shares of SpiceJet zoomed nearly 7 percent Friday after the company posted its first profit in seven quarters.

28 May 2015

SpiceJet registers first profit in eight quarters; Q4 profit at Rs 22.51 crore

After seven quarters of losses, budget carrier SpiceJet Thursday flew back into black with a net profit of Rs 22.51 crore in the January-March period of the last fiscal helped by renegotiated contracts and settlements and provisioning for re-delivery expenses among others.

13 Feb 2015

SpiceJet shares down 2% at close as Q3 loss widens

Shares of budget airline SpiceJet ended 2 percent lower Friday after the company's loss widened by a steep 59 percent to Rs 275 crore in the third-quarter of 2014-15.

18 Aug 2014

SpiceJet shares surge nearly 13%

Shares of low-cost carrier SpiceJet Monday climbed nearly 13 percent, in-line with a strong stock market, ignoring the disappointing June quarter earnings.

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