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February 2, 2016 – Bangalore Aviation

Daily Archives: February 2, 2016

SpiceJet Q3 FY2016 results analysis – record profits on the path of recovery

February 2, 2016 1

SpiceJet Boeing 737-800 VT-SPJ. Photo copyright Devesh Agarwal.

SpiceJet reported its highest ever profit of Rs 238 crores for fiscal year 2015-16, third quarter ending December 31, 2015. With revenues of Rs 1,439 crores, this continues the upward climb for SpiceJet. A phoenix rising Last year during this same period SpiceJet was in turmoil, on the brink of a shut-down with auditors doubting its ability to continue as …

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