25-Jan-2010 1:02 PM

SpiceJet revenue up 23.7%, profits increase in 3QFY2010

SpiceJet revenue up 23.7% - financial highlights for the three months ended 31-Dec-2009:

  • Total revenue: USD142.5 million, +23.7% year-on-year;
  • Total costs:
    • Fuel: USD45.3 million, -8.5%;
    • Aircraft lease rentals: USD21.0 million, +2.6%;
    • Aircraft maintenance: USD11.5 million, +16.8%;
    • Labour: USD10.8 million, +31.2%;
  • Profit before tax: USD23.8 million, compared to a profit of USD424,989 in the previous corresponding period;
  • Net profit: USD23.8 million, compared to a loss of USD3.9 million in the previous corresponding period. [more]

*Based on the conversion rate at USD1 = INR45.86

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More