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SpiceJet 2QFY2010 revenue up 27%, loss narrows

29-Oct-2009 12:13 PM

SpiceJet revenue up 27% - financial highlights:

Three months ended 30-Sep-2009:

  • Total revenue: USD99.4 million, +27.0% year-on-year;
  • Total costs: USD118.1 million, -0.9%;
    • Fuel: USD44.8 million, -17.1%;
    • Aircraft lease rentals: USD21.0 million, +22.0%;
  • Profit (loss) before tax: (USD21.8 million), compared to a loss of USD42.0 million in the previous corresponding period;
  • Net profit (loss): (USD21.6 million), compared to a loss of USD42.2 million in the previous corresponding period.

Six months ended 30-Sep-2009:

  • Revenue: USD213.5 million, +17.6%;
  • Total costs: USD227.4 million, -8.6%;
    • Fuel: USD83.9 million, -30.3%;
    • Aircraft lease rentals: USD42.4 million, +21.6%;
  • Profit (loss) before tax: (USD16.0 million), compared to a loss of USD69.5 million in the previous corresponding period;
  • Net profit (loss): (USD16.0 million), compared to a loss of USD69.5 million in the previous corresponding period. [more]
  • *Based on the conversion rate at USD1 = INR46.825