SpiceJet Q4 Profit: SpiceJet posts record Q4 profit, marks first annual profit in seven years, ET TravelWorld
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SpiceJet has reported its highest-ever quarterly profit of INR 319 crore for the fourth quarter of FY25, a significant increase from INR 26 crore in the previous quarter. The airline also recorded a net profit of INR 48 crore for the full fiscal year, marking its first annual profit in seven years.Operating revenue rose by 17.6 per cent quarter-on-quarter to INR 1,942 crore, while EBITDA grew from INR 209 crore in Q3 to INR 527 crore in Q4. The airline achieved a passenger load factor of 88.1 per cent , signalling strong demand, while RASK stood at INR 5.66.For the full year, SpiceJet posted total revenue of INR 6,736 crore. Though down from INR 8,497 crore in FY24, the airline managed to improve profitability through cost controls and higher operational efficiency. Passenger RASK increased 9.3 per cent year-on-year, reaching INR 6.60.The airline's net worth turned positive in Q3 FY25 and rose to INR 683 crore by the end of the year, aided by a INR 500 crore equity infusion by the Promoter Group. The final tranche of INR 294.09 crore was received in the fourth quarter.In Q4, the airline added 24 domestic routes under its Summer 2025 schedule, including new destinations Tuticorin, Porbandar, and Dehradun. The carrier also launched special Haj operations from Srinagar, Guwahati, Gaya, and Kolkata, and resumed international operations with Kathmandu as the first destination of FY26.Ajay Singh, Chairman and Managing Director of SpiceJet, acknowledged the tragic Air India crash in Ahmedabad, offering condolences to the affected families.Singh added, 'Posting a profit for the second consecutive quarter and for the full financial year after seven years is a reflection of the tireless efforts of our team… With a strengthened balance sheet, renewed investor trust and continued network expansion, SpiceJet is well-positioned for sustainable growth.'The airline has also renewed its IATA Operational Safety Audit (IOSA) certification and received credit rating upgrades. Engine overhauls, in partnership with StandardAero Inc. and Carlyle Aviation, are underway to restore grounded fleet capacity.
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