SpiceJet has reported impressive financial results for the first quarter of FY2025, showing significant growth across key metrics.
Key Highlights:
- Net Profit: Increased by 26% to Rs 150 crore, up from Rs 119 crore in Q4 FY2024.
- Operating Profit: Rose by 27% to Rs 393 crore, compared to Rs 310 crore in the previous quarter.
- EBITDA: Improved to Rs 401 crore, from Rs 386 crore in Q4 FY2024.
- EBITDAR: Climbed to Rs 650 crore, up from Rs 616 crore in the last quarter.
SpiceJet also achieved the highest domestic load factor in the industry at 91%, underscoring its strong market presence and operational efficiency.
These results reflect the airline’s ongoing efforts to enhance profitability and operational performance.
SpiceJet said it has the highest passenger load factor among all airlines in the country.
“The airline continued to lead the industry with the highest domestic load factor of 91%, reinforcing its strong market position and operational excellence,” it said, adding, “We are pleased to report a profit of INR 150 Crore for Q1 FY 2024-25, which underscores our determination to navigate through uncertainties and is a testament to the hard work and dedication of our team.”
