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SpiceJet Q1 net loss widens to ₹234 cr
Financial Express Hyderabad
|September 06, 2025
BUDGET CARRIER SPICEJET on Friday reported a consolidated net loss of ₹234 crore in the first quarter of FY26 against a net profit of ₹158 crore in the year-ago period.
The revenue from operations fell 36% year-on-year to ₹1,060 crore compared with ₹1,646 crore in the corresponding quarter of the last financial year.
The budget carrier said its performance was significantly affected by the geopolitical situation with a neighboring country and airspace restrictions in key markets, which dampened leisure travel demand.
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