SpiceJet Achieves Record Quarterly Profit
SpiceJet reports its highest quarterly profit, signaling a financial turnaround and brighter future.
SpiceJet Achieves Record Quarterly Profit
SpiceJet Ltd. has announced remarkable financial results for the fourth quarter and the fiscal year ending March 31, 2025. The airline reported a record quarterly profit of INR 319 Crore for Q4 FY25, representing its second consecutive profitable quarter and a full-year net profit of INR 48 Crore, the first in seven years, showcasing the effectiveness of its turnaround strategy.
Key Financial Metrics
- Revenue: Increased by 17.6% QoQ to INR 1,942 Crore.
- EBITDA: Rose to INR 527 Crore from INR 209 Crore in the previous quarter.
- Passenger Load Factor: Stood at a robust 88.1%.
The total revenue for the fiscal year reached INR 6,736 Crore, with the airline achieving a positive net worth of INR 683 Crore.
The promoter group has successfully infused INR 500 Crore of equity, supporting the company’s long-term vision. Ajay Singh commented on the results amid the aviation community’s grief after the tragic Air India crash, emphasizing the united support for affected families.
Financial Highlights (Q4FY25 vs. Q3FY25)
- PAT: INR 319 Crore (up from INR 26 Crore)
- EBITDA: INR 527 Crore (up from INR 209 Crore)
- Total Revenue: INR 1,942 Crore (up from INR 1,651 Crore)
- Passenger Load Factor: 88.1%
- RASK: INR 5.33
Full-Year FY25 Highlights
- Net Profit: INR 48 Crore (compared to a loss of INR 404 Crore in FY24).
- Total Revenue: INR 6,736 Crore (compared to INR 8,497 Crore in FY24).
Looking Ahead
- Special Haj operations launched from various cities.
- Kathmandu added as the first international route of the fiscal year.
Quotes
Ajay Singh remarked, “As we share our quarterly and annual performance today, our thoughts are with those affected by the tragic Air India crash in Ahmedabad. This heartbreaking tragedy has deeply affected us all, and our thoughts are with the families and loved ones of those lost in this devastating crash. The entire aviation community stands together in this moment of grief.”
Translation: Ajay Singh emphasizes the solidarity of the aviation community in the face of recent tragedies.
