SpiceJet Reports Rs 119.6 Crore Q4FY24 Profit Amid Cash Crunch

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SpiceJet posted a six-fold increase in Q4FY24 profits to Rs 119.6 crore despite ongoing financial issues. The budget carrier's revenue fell to Rs 1,571 crore from Rs 2,145 crore year-on-year, and the airline announced earnings for both Q3 and Q4 together after deferring payments to various parties.

Discovered 2024-07-15T07:18:33.872030-07:00 | 2024-07-15T07:18:33.872030-07:00

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SpiceJet posted a six-fold increase in Q4FY24 profits to Rs 119.6 crore despite ongoing financial issues. The budget carrier's revenue fell to Rs 1,571 crore from Rs 2,145 crore year-on-year, and the airline announced earnings for both Q3 and Q4 together after deferring payments to various parties.

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Reuters FlightGlobal Financial Express deccanherald.com indiatoday.in Business Standard
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2024-07-15T07:18:33.872030-07:00
Latest Update
2024-07-17T03:56:29.424594-07:00
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