You are using an older browser version. Please use a supported version for the best MSN experience.

SpiceJet Q1 profit rises 18% to Rs175 crore

LiveMint logoLiveMint 10-08-2017 Jessica Kuruthukulangara

Bengaluru: India’s SpiceJet Ltd posted a rise of about 18% in quarterly net profit on Thursday.

The airline’s standalone net profit, which excludes results of units SpiceJet Merchandise and SpiceJet Technic, came in at Rs175 crore ($27.33 million) in the first quarter ended 30 June, compared with Rs149 crore a year ago.

Passenger yields, a measure of fares and distance flown, rose 9% during the quarter, while average load factor was 94.07%. Reuters

More From LiveMint

image beaconimage beaconimage beacon