SpiceJet reports 5% rise in Q4 consolidated net profit

11 May 2018

SpiceJet has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of 10.83% in its net profit at Rs 46.15 crore for the quarter ended March 31, 2018, as compared to Rs 41.64 crore for the same quarter in the previous year. Total income of the company increased by 24.92% at Rs 2090.74 crore for the quarter under review as compared Rs 1673.61 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported a rise of 4.98% in its net profit at Rs 40.51 crore for the quarter ended March 31, 2018 as compared to Rs 38.59 crore for the corresponding quarter in the FY17. Total income of the company increased by 24.91% at Rs 2,089.79 crore for quarter under review as compared to Rs 1,673.00 crore for the same quarter ended previous year. 

For the year ended March 31, 2018, the company has posted a rise of 31.56% in its net profit at Rs 566.66 crore as compared to Rs 430.72 crore for the same period in the previous year. Total income of the company increased 25.84% at Rs 7,932.41 crore for year under review as compared to Rs 6,303.81 crore for the period ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 30.42% in its net profit at Rs 557.20 crore as compared to Rs 427.23 crore for the same period in the previous year. Total income of the company has increased by 25.87% at Rs 7,933.53 crore for year under review as compared to Rs 6,303.20 crore for the period ended March 31, 2017.


Related Spicejet Ltd. Links:

Spice Jet Share Price

82.70 -2.35 (-2.76%) Feb 26, 18:55
1 Year Price Chart
Peers
Company Name CMP
Interglobe Aviation 1623.15
Jet Airways (I) 135.50
Hindustan Aeron 1087.40
Spice Jet 82.70
Global Vectra Helico 46.45
View more..
Sensex vs Spice Jet
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback