SpiceJet defers Q3 results announcement

Image
Press Trust of India Mumbai
Last Updated : Feb 06 2018 | 8:35 PM IST
Budget carrier SpiceJet has deferred the announcement of third quarter financial results to tomorrow as its board could only partially take up the matters listed during today's meet.
In a regulatory filing, the airline said its board "could only partially complete the agenda items and the meeting has now been adjourned for tomorrow (February 7) to consider and approve, inter-alia, the unaudited standalone and consolidated financial results" for the third quarter ended December 31, 2017.
The company was to announce the quarterly results today.
"Further, in accordance with the Sebi (Prohibition of Insider Trading) Regulations, 2015, the trading window is now closed up to February 9, 2018 (end of the day)," the filing said.
SpiceJet's net profit stood at Rs 105.28 crore in the September quarter of the fiscal as it recorded a higher total income of Rs 1,838.49 crore in the second quarter of financial year 2017-18.
Currently, the no-frills carrier operates around 402 daily flights to 51 destinations -- 44 domestic and seven international ones -- with a fleet of 38 Boeing 737s and 22 Bombardier Q-400s.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 06 2018 | 8:35 PM IST

Next Story