SpiceJet reports loss in 1QFY2012

SpiceJet reports (12-Aug-2011) the following financial highlights for the 3 months ended Jun-2011:

• Total income*: USD209.1 million, +31.9% year-on-year;
• Total costs:
  • Fuel: USD111.7 million, +94.9%;
  • Staff: USD17 million, +24.1%;
• Operating profit: (USD15.3 million), compared to a profit of USD14.4 million in p-c-p;
• Net profit: (USD15.9 million), compared to a profit of USD12.2 million in p-c-p;
• Passenger numbers: +25%;
• Passenger load factor: 78.9%;
• Capacity (ASKs): +36.7%. [more]

*Based on the conversion rate at USD1 = INR45.2307