SpiceJet shares soar: Airline shares jump 5% on BSE; driven by 173% YoY PAT rise in Q4
SpiceJet shares surged 5% to reach Rs 46 on the
BSE
on Monday, following the announcement of a substantial 173% year-on-year (YoY) increase in standalone profit after tax (PAT) for the March quarter, totalling Rs 324.87 crore.
The Gurugram-based airline achieved its highest quarterly profit to date, marking its second successive profitable quarter.
Despite robust profit figures, operational revenue declined by 16% YoY to Rs 1,446.37 crore, compared to Rs 1,719.3 crore in Q4 FY24. The company's enhanced profitability stemmed from better yields, consistent high occupancy rates, and effective cost management.
SpiceJet achieved a net profit of Rs 48 crore for FY25, recovering from a Rs 404 crore loss in FY24.
This represents the airline's first profitable year since 2018, demonstrating the success of its financial restructuring efforts.
The airline maintained a strong passenger load factor of 88.1% in Q4 FY25, indicating robust customer demand. The Passenger Revenue per Available Seat Kilometre (RASK) showed a 3.4% YoY improvement, strengthening unit revenue performance.
The company's net worth became positive at Rs 683 crore by FY25 end.
The Promoter Group invested Rs 500 crore during the year, with Rs 294.09 crore contributed in the March quarter, demonstrating strong faith in the airline's future prospects.
"SpiceJet has delivered a strong set of results, marking a significant turnaround in our operational and financial performance. With a strengthened balance sheet, renewed investor trust and continued network expansion, SpiceJet is well‐positioned for sustainable growth," SpiceJet Chairman and Managing Director Ajay Singh said.
Prior to Saturday's results announcement, SpiceJet shares closed 2% lower at Rs 43.81 on BSE on Friday.
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