
CosmicTaco
SpiceJet Shares Drop Despite Q3 Profit
- SpiceJet shares fell over 5% on Thursday despite reporting a ₹26 crore profit for Q3FY25.
- The airline had a significant turnaround from a ₹300 crore loss in the same period last year.
- Total revenue increased by 35% to ₹1,651 crore, driven by strong passenger demand and improved operational efficiency.
- Passenger load factor (PLF) was notably high at 87%.
- Investors are advised to consult certified experts before making any investment decisions.
Source: Mint, The Times Of India
12mo ago
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