Spicejet Q3 net down 13.31% to Rs 94.44 cr

Low-cost carrier Spicejet Thursday reported a 13.31 percent dip in its net profit for the quarter ending December 31 at Rs 94.44 crore.

Mumbai: Low-cost carrier Spicejet Thursday reported a 13.31 percent dip in its net profit for the quarter ending December 31 at Rs 94.44 crore.
     
The airline had posted a net profit of Rs 108.94 crore in the October-December quarter last fiscal, Spicejet said in a filing to the Bombay Stock Exchange.
     
Total income, however, grew to Rs 830.13 crore in the December quarter compared to Rs 649.05 crore in the year-ago period, the filing added.
     
Reacting to the decline in third quarter numbers, Spicejet counter was quoting 3.03 percent down at Rs 71.90 on BSE.

PTI

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