Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

SpiceJet Q4 net comes in at Rs.46 crore

Equity_Pandit

SpiceJet has reported a quarterly profit of Rs.46.1 crore for the quarter ended March 31,2018, and a net profit of Rs.566.7 crore.

Operating revenues were at Rs.2,029.3 crore for the reported quarter and Rs.7,795.1 crore for the fiscal 2018. On a EBITDA basis, profit is Rs.131 crore for the quarter under review and Rs.890.1 crore for the fiscal 2018.

Ajay Singh, CMD SpiceJet stated, “Despite rising fuel prices, SpiceJet continues to record profits ans has recorded the highest annual profit in the history. With the fuel efficient B737 MAX joining our fleet in the coming months we will continue to expand at home and abroad and strive to improve profitability and operating performance.”

Read EquityPandit’s Technical Analysis of Nifty

Get Daily Prediction & Stocks Tips On Your Mobile