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SpiceJet turns black in Q3

15 Feb 2022 Evaluate

SpiceJet has reported results for third quarter ended December 31, 2021.

The company has reported net profit of Rs 23.28 crore for the quarter under review as compared to net loss of Rs 56.96 crore for the same quarter in the previous year. Total income of the company increased by 42.86% at Rs 2,679.60 crore for Q3FY22 as compared Rs 1,875.69 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net profit of Rs 42.45 crore for the quarter under review as compared to net loss of Rs 66.78 crore for the same quarter in the previous year. Total income of the company increased by 43.13% at Rs 2,677.34 crore for Q3FY22 as compared Rs 1,870.60 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Interglobe Aviation 4813.00
SpiceJet 8.89
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Taneja Aerospace 332.95
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