SpiceJet Limited Q1 Results: SpiceJet Ltd on Monday, July 15, reported a net profit of ₹127.13 crore for their January-March quarter. The airlines posted a net loss of ₹6.22 crore in the same quarter the previous year in their consolidated statements.
The company’s revenue from operations fell 15.22 per cent to ₹1,663.52 crore in Q4FY2024, compared to ₹20,43.91 crore in Q4FY2023. The airline operator only reported the third and fourth quarter results for FY2024 on Monday, July 15.
Shares of the airline operator closed 7.71 per cent higher at ₹55.89 after Monday, July 15, trading session, as compared to ₹51.89 on Friday. The company results were declared after the market close hours.