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Spicejet reports 21% rise in Q3 consolidated net profit

15 Feb 2020 Evaluate

Spicejet has reported results for third quarter ended December 31, 2019.

The company has reported a rise of 32.93% in its net profit at Rs 73.22 crore for the quarter under review as compared to Rs 55.08 crore for the same quarter in the previous year. Total income of the company increased by 54.78% at Rs 3,917.34 crore for Q3FY20 as compared Rs 2,530.84 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 21% in its net profit attributed to equity holder at Rs 77.97 crore for the quarter under review as compared to Rs 64.44 crore for the same quarter in the previous year. Total income of the company increased by 55.04% at Rs 3926.58 crore for Q3FY20 as compared Rs 2532.61 crore for the corresponding quarter previous year.

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