 "SpiceJet reports net loss of Rs 112.6 crore for September quarter")
Budget carrier SpiceJet on Wednesday reported a net loss of Rs 112.6 crore for the quarter ended September.
It had posted a net loss of Rs 462.6 crore for the corresponding period of the previous financial year.
The airline's total income stood at Rs 1,305 crore in the second quarter of 2020-21, significantly lower than Rs 3,074 crore in the year-ago period. Total expenses also reduced to Rs 1,418 crore as compared to Rs 3,536 crore earlier, the airline said.
“Despite Covid-19 continuing to pose serious operating challenges we have managed to significantly cut down our net
It had posted a net loss of Rs 462.6 crore for the corresponding period of the previous financial year.
The airline's total income stood at Rs 1,305 crore in the second quarter of 2020-21, significantly lower than Rs 3,074 crore in the year-ago period. Total expenses also reduced to Rs 1,418 crore as compared to Rs 3,536 crore earlier, the airline said.
“Despite Covid-19 continuing to pose serious operating challenges we have managed to significantly cut down our net
