Spicejet News - The Economic Times

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Read more about SpiceJet Q2 preview: Analysts estimate 8x EBITDAR growth, loss to narrow on Business Standard. The brokerage pegs the sales revenue at Rs 2,817 crore, up 50.3 per cent from Rs 1,874.8 crore logged in Q2FY19. This would, however, translate to a 6.2 sequential decline. SpiceJet loss News and Updates from The Economictimes.com. Benchmarks . Nifty 12,749.15 118.05. NSE Gainer-Large Cap . Tata Steel (PP) 80.90 7.35. FEATURED FUNDS ★★★★ ★ ICICI Prudential Bluechip Fund Direct-Growth. 5Y Return. 11.08 % Invest Now. FEATURED FUNDS ★★★★★ Axis Focused 25 Direct Plan-Growth. 5Y Return. 15.48 % Invest Now. FEATURED FUNDS ★★★★ ★ Aditya ... SpiceJet launches 62 new domestic and international flights as the company is expecting an improved number of passengers after the recession in COVID-19 restrictions. Gurugram, July 29, 2020: SpiceJet, India’s favourite airline and the biggest air cargo operator, reported a net loss of INR 807.1 crore in the fourth quarter of FY20 (that includes a non-cash loss of INR 473.4 crore due to forex loss on restatement of lease liability due to Ind-AS 116) against a profit of INR 56.3 crore in the same quarter of the previous year as business was adversely ... Read more about SpiceJet Q3 profit plunges 77% due to higher oil prices, forex losses on Business Standard. The airline's standalone net profit was 550.7 million rupees ($7.74 million) for the quarter ended December, compared with 2.40 billion rupees a year earlier Spicejet News - Get the Latest Spicejet News, Announcements, Photos & Videos on The Economic Times SpiceJet slid to its first quarterly loss in three-and-a-half years after setting aside funds that may have to be paid to the previous promoter group under an arbitration award. The airline posted a loss of Rs 38 crore in the three months ended June compared with a profit of Rs 175.2 crore a year earlier, Gurugram-based SpiceJet said in a stock exchange filing on Tuesday.

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