SpiceJet has reported a quarterly profit of Rs.46.1 crore for the quarter ended March 31,2018, and a net profit of Rs.566.7 crore.
Operating revenues were at Rs.2,029.3 crore for the reported quarter and Rs.7,795.1 crore for the fiscal 2018. On a EBITDA basis, profit is Rs.131 crore for the quarter under review and Rs.890.1 crore for the fiscal 2018.
Ajay Singh, CMD SpiceJet stated, “Despite rising fuel prices, SpiceJet continues to record profits ans has recorded the highest annual profit in the history. With the fuel efficient B737 MAX joining our fleet in the coming months we will continue to expand at home and abroad and strive to improve profitability and operating performance.”