Spicejet Q3 results : loss at ₹298.62Cr, Revenue decreased by 17.37% YoY
Spicejet Q3 results : Revenue decreased by 17.37% YoY & loss at ₹298.62Cr
Spicejet Q3 Results Live : Spicejet declared their Q3 results on 15 Jul, 2024. The topline decreased by 17.37% & the loss came at ₹298.62cr. It is noteworthy that Spicejet had declared profit of ₹110.48cr in the previous fiscal year same period. As compared to the previous quarter, the revenue grew by 33.99%.
The Selling, general & administrative expenses rose by 4.71% q-o-q & decreased by 9.04% Y-o-Y.
The operating income was up by 33.36% q-o-q & decreased by 132.97% Y-o-Y.
The EPS is ₹-4.37 for Q3 which decreased by 338.8% Y-o-Y.
Spicejet has delivered 9.34% return in the last 1 week, -11.39% return in the last 6 months and -3.91% YTD return.
Currently, Spicejet has a market cap of ₹4577.94 Cr and 52wk high/low of ₹77.5 & ₹28 respectively.
As of 17 Jul, 2024, out of 3 analysts covering the company, 1 analyst has given Sell rating & 2 analysts have given Buy rating.
Spicejet Financials
| Period | Q3 | Q2 | Q-o-Q Growth | Q3 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1914.5 | 1428.83 | +33.99% | 2316.88 | -17.37% |
| Selling/ General/ Admin Expenses Total | 211.58 | 202.06 | +4.71% | 232.61 | -9.04% |
| Depreciation/ Amortization | 183.55 | 188.69 | -2.72% | 234.62 | -21.77% |
| Total Operating Expense | 2301.99 | 2010.27 | +14.51% | 2483.21 | -7.3% |
| Operating Income | -387.5 | -581.44 | +33.36% | -166.33 | -132.97% |
| Net Income Before Taxes | -298.78 | -449.43 | +33.52% | 110.12 | -371.33% |
| Net Income | -298.62 | -448.99 | +33.49% | 110.48 | -370.29% |
| Diluted Normalized EPS | -4.37 | -7.18 | +39.14% | 1.83 | -338.8% |
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