SpiceJet has reported a 174% year-on-year (YoY) surge in its Q4 FY25 net profit, reaching ₹324.87 crore, marking its first annual profit in seven years. Despite a 16% decline in revenue, the airline has successfully turned around its financial performance, driven by cost optimization and operational efficiency.
Key Financial Highlights
- Q4 Net Profit: ₹324.87 crore, up 174% YoY.
- Revenue: ₹1,446.37 crore, down 16% YoY.
- Passenger Load Factor (PLF): 88.1%, reflecting strong demand.
- Full-Year Profit: ₹58 crore, compared to a ₹409 crore loss in FY24.
Strategic Moves & Future Outlook
- Equity Infusion: SpiceJet’s promoter group injected ₹500 crore, including a final tranche of ₹294.09 crore in Q4FY25.
- Fleet Expansion: The airline launched 24 new domestic flights and added three destinations—Tuticorin, Porbandar, and Dehradun.
- Operational Challenges: The revival of grounded aircraft has faced delays due to global supply chain issues, but momentum is building.
CEO’s Statement
Chairman Ajay Singh emphasized that strategic partnerships with global aviation firms are yielding results, with engine overhauls underway to boost capacity.
With financial stability improving, SpiceJet is poised for stronger growth in the coming quarters.
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