SpiceJet reports Rs. 71.8 crore net profit in Q1FY2016

28-Jul-2015 SpiceJet today reported a net profit of Rs 71.8 cr for Q1FY16, an improvement of Rs 195.9 cr relative to the net loss of Rs 124.1 cr for the same quarter last year. On a revenue base of Rs 1,106.3 cr for the quarter, this translates to a net margin of 6.5%. On an EBITDA basis, SpiceJet reported positive Rs 126.7cr at 11.5% EBIDTA margin, against negative Rs 43.1 cr the previous year. On an EBITDAR basis, SpiceJet reported positive Rs 287.5cr at 26.0% EBITDAR margin, against positive Rs 231.2cr at 13.8% EBITDAR margin last year.