3-Nov-2010 11:54 AM
SpiceJet revenue up 40%, back in the black in 2QFY2011
SpiceJet revenue up 40% - financial highlights for the three months ended 30-Sep-2010:
- Revenue*: USD141.8 million, +39.5% year-on-year;
- Costs:
- Fuel: USD58858.9 million, +24.3%;
- Aircraft lease rentals: USD23.5 million, +6.1%;
- Aircraft maintenance: USD16.3 million, -12.1%;
- Labour: USD11.9 million, +27.0%;
- Operating profit: USD312,413, compared with a loss of USD25.4 million in p-c-p;
- Profit before tax: USD2.9 million, compared with a loss of USD23.0 million in p-c-p;
- Net profit: USD2.3 million, compared with a loss of USD22.9 million in p-c-p. [more]
*Based on the conversion rate at USD1 = INR44.31