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SpiceJet Q4 FY25 Results: Profit Rises 12x To Rs 319 Cr, First Annual Profit In 7 Years
SpiceJet Q4 FY25 Results: SpiceJet Ltd. has reported its highest-ever quarterly profit of Rs 319 crore in Q4 FY25, marking a 12-fold jump from Rs 26 crore in Q3. This is the airline's second consecutive profitable quarter and a clear sign of recovery after several turbulent years. Notably, the airline also posted its first full-year net profit of Rs 48 crore since FY18, reversing a loss of Rs 404 crore in the previous year.
The company's turnaround has been attributed to strong passenger demand, cost optimisation, and improved yield. Operating revenue in Q4 jumped 17.5% quarter-on-quarter to Rs 1,446 crore, while total revenue rose to Rs 1,942 crore. The EBITDA more than doubled to Rs 527 crore. Passenger Load Factor remained robust at 88.1%, with RASK (Revenue per Available Seat Kilometre) improving to Rs 5.66.
SpiceJet's net worth turned positive in Q3 and continued to rise in Q4, reaching Rs 683 crore. The promoter group also completed an equity infusion of Rs 500 crore, including Rs 294 crore in the final tranche this quarter, reinforcing confidence in the airline's long-term prospects.
For the full year FY25, the airline reported EBITDA of Rs 924 crore and revenue of Rs 6,736 crore. Although revenue dipped from Rs 8,497 crore in FY24, improved profitability and operational efficiency helped offset the impact.
The airline expanded its network with 24 new domestic flights and added destinations such as Tuticorin, Porbandar, and Dehradun. Special Haj flights were launched, and Kathmandu became the first international destination for FY26.
Chairman and MD Ajay Singh credited the airline's performance to the team's efforts and investor support, stating that SpiceJet is now well-positioned for sustainable group.
