SpiceJet reports Q3 net loss of Rs 67 cr
On a consolidated basis, the low-cost air carrier reported a net loss of Rs 66.77 crore in Q3 FY21 compared with net profit of Rs 77.96 crore in Q3 FY20.Revenue from operations slipped 53.73% to Rs 1691.64 crore in Q3 FY21 from Rs 3656.36 crore in Q3 FY20. The company reported a pre-tax loss of Rs 66.77 crore in Q3 FY21 compared with pre-tax profit of Rs 77.96 crore in Q3 FY20. On a standalone basis, SpiceJet posted a net loss of Rs 57 crore in Q3 FY21 as against a net profit of Rs 73.22 crore...
Source: business-standard.com