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SpiceJet reports consolidated net loss of Rs 816.25 crore in the March 2020 quarter

Capital Market 

Sales rise 12.00% to Rs 2778.76 crore

Net loss of SpiceJet reported to Rs 816.25 crore in the quarter ended March 2020 as against net profit of Rs 72.51 crore during the previous quarter ended March 2019. Sales rose 12.00% to Rs 2778.76 crore in the quarter ended March 2020 as against Rs 2480.97 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 936.57 crore in the year ended March 2020 as against net loss of Rs 302.41 crore during the previous year ended March 2019. Sales rose 34.98% to Rs 12005.50 crore in the year ended March 2020 as against Rs 8894.50 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales2778.762480.97 12 12005.508894.50 35 OPM %-14.495.11 -4.280.04 - PBDT-359.40139.47 PL 798.8117.44 4480 PBT-816.2572.54 PL -936.57-238.92 -292 NP-816.2572.51 PL -936.57-302.41 -210

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 29 2020. 16:13 IST
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