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SpiceJet gains on reporting 5% rise in Q4 consolidated net profit

14 May 2018

SpiceJet is currently trading at Rs. 119.30, up by 0.50 points or 0.42% from its previous closing of Rs. 118.80 on the BSE.

The scrip opened at Rs. 118.80 and has touched a high and low of Rs. 122.00 and Rs. 118.30 respectively. So far 1213355 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 156.25 on 20-Dec-2017 and a 52 week low of Rs. 95.05 on 23-May-2017.

Last one week high and low of the scrip stood at Rs. 127.00 and Rs. 113.65 respectively. The current market cap of the company is Rs. 7217.38 crore.

The promoters holding in the company stood at 60.03%, while Institutions and Non-Institutions held 11.73% and 28.24% respectively.

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.


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Spice Jet Share Price

75.85 -1.05 (-1.37%) Jun 18, 15:25
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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