The company s profit was on the back of a 36% year-on-year (YoY) decline in total expenses for the said quarter to Rs 2,069.24 crore. In the March quarter, the company incurred expenses worth Rs 2,504.79 crore.
Stock of SpiceJet slipped 4.01 per cent intraday to Rs 41.85 today against the previous close of Rs 43.60. SpiceJet shares opened with a loss of 3.1 per cent at Rs 42.25 on BSE.
Stock of SpiceJet slipped over 14 per cent intraday to Rs 39.6 today against the previous close of Rs 46.40 on BSE. Market cap of the airline fell to Rs 2,605 crore.