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SpiceJet reports over 2-fold jump in Q3 consolidated net profit

24 Feb 2023 Evaluate

SpiceJet has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported over 4-fold jump in its net profit at Rs 106.82 crore for Q3FY23 as compared to Rs 23.28 crore for the corresponding quarter previous year. Total income of the company increased by 5.59% to Rs 2,829.52 crore for the quarter under review as compared to Rs 2,679.60 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 110.12 crore for Q3FY23 as compared to Rs 42.45 crore for the same quarter in the previous year. Total income of the company increased by 5.42% to Rs 2,822.38 crore for the quarter under review as compared to Rs 2,677.34 crore for the same quarter in the previous year.

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