SpiceJet loss before tax narrows in 1QFY2015

SpiceJet revenue up 6% - financial highlights for three months ended 30-Jun-2014:

• Total revenue: INR16,910 million (USD283.1 million), +6.4% year-on-year;
• Total costs: INR17,829 million (USD298.5 million), -6.5%;
• • Fuel: INR7733 million (USD129.4 million), -10.1%;
• Profit (loss) from ordinary activities before finance costs: (INR754.0 million) (USD12.6 million), compared to a loss of INR2765 million (USD46.3 million) in p-c-p;
• Net profit (loss): (INR1241 million) (USD20.8 million), compared to a loss of INR3215 million (USD53.8 million) in p-c-p. [more - original PR]