Panaji
SpiceJet reported a net profit of Rs 238 crore for quarter ending December 2015, which was an improvement of Rs 513 crore over the net loss of Rs 275 crore for the same quarter last year. This is the highest quarterly net profit the airline has reported in its history.
SpiceJet has reported an operational revenue of Rs 1,460 crore in the quarter demonstrating a growth of 11% over same quarter last year while its capacity (in terms of available seat kilometers) dropped by 3% for the same reference period.
During the quarter, operating revenue per available seat kilometer (ASKM) increased to 4.25 from 3.72 same quarter last year, registering a growth of 14%. The fuel cost per ASKM for the quarter has declined to 1.07 from 1.59 last year, a decline of 33%.
