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Spicejet’s consolidated net loss widens to Rs 571 crore in Q2

15 Nov 2021 Evaluate

Spicejet has reported results for second quarter ended September 30, 2021.

The company has reported a net loss of Rs 561.70 crore for the quarter under review against net loss of Rs 112.59 crore for the same quarter in the previous year. However, total income of the company increased by 19% at Rs 1,538.70 crore for Q2FY22 as compared Rs 1,292.98 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 570.56 crore for the quarter under review against net loss of Rs 105.61 crore for the same quarter in the previous year. However, total income of the company increased by 17.50% at Rs 1,532.52 crore for Q2FY22 as compared Rs 1,304.30 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Interglobe Aviation 4942.00
SpiceJet 9.47
TAAL Tech 5723.90
Taneja Aerospace 319.80
Global Vectra Helico 133.50
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