SpiceJet Records a 22% Rise in Net Profit at INR 56.3 Crores in Q4
Budget airline SpiceJet has reported INR 56.3 crores as profit, a 22% year-on-year growth, for the quarter ended in March 2019. Revenue from operations was registered at INR 2531.2 crores in Q4, marking an increase of 25.3%. The capacity of the airline, in terms of seat per kilometre, increased 21%, and the average airfare increased by 11%. Commenting on the company’s financial performance, Ajay Singh, Chairman and Managing Director said,... Read More