Spicejet net dips to Rs 94 cr

Low-cost carrier SpiceJet reported a net profit of Rs94.4 crore for the quarter ended December 2010. The airline had posted a net profit of Rs108.9 crore in the October-December quarter last fiscal.
HT Image
HT Image
Updated on Jan 27, 2011 09:51 PM IST
Copy Link
Hindustan Times | ByHT Correspondents, Mumbai/new Delhi

Low-cost carrier SpiceJet reported a net profit of Rs94.4 crore for the quarter ended December 2010. The airline had posted a net profit of Rs108.9 crore in the October-December quarter last fiscal. The company said the decline in the profit was on account of the increase in fuel prices and taxes the company paid this year.

The Gurgaon-based carrier is India's only profitable listed airline and has declared a profit for the last five successive quarters.

SHARE THIS ARTICLE ON
Close Story
SHARE
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Wednesday, July 06, 2022