SpiceJet reports net loss of Rs 38.06 crore in Q1

14 Aug 2018

SpiceJet has reported results for first quarter ended June 30, 2018.

The company has reported net loss of Rs 38.06 crore for the quarter under review as against net profit of Rs 175.23 crore for the same quarter in the previous year. However total income of the company increased by 20.38% at Rs 2,270.81 crore for Q1FY19 as compared Rs 1,886.34 crore for the corresponding quarter previous year.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.

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