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Spicejet turns black in Q1

29 Jul 2015 Evaluate

Spicejet has reported results for first quarter ended June 30, 2015.

The company has reported a net profit of Rs 71.85 crore for the quarter ended June 30, 2015 as compared to a net loss of Rs 124.10 crore for the same quarter in the previous year. However, the company’s total income from operations has decreased by 34.09% to Rs 1106.31 crore for the quarter under review, from Rs 1678.59 crore for the corresponding quarter of the previous year.

SpiceJet is India’s most preferred airline who delivers the lowest air fares with the highest consumer value. The airline currently operates flights to over 44 Indian cities and 9 international destinations.

Peers
Company Name CMP
Interglobe Aviation 5030.00
SpiceJet 10.18
TAAL Tech 1091.30
Taneja Aerospace 352.45
Global Vectra Helico 138.95
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