Spicejet profit after tax jumps nearly three-fold to Rs 325 cr in Q4

Mumbai: Budget carrier Spicejet on Saturday said its standalone profit after tax surged nearly three-fold to Rs 324.87 crore in the March 2025 quarter.

The Gurugram-based airline had posted a PAT of Rs 119 crore in the fourth quarter of FY24, according to a regulatory filing.

However, the revenue from operations for the reporting quarter declined 16 per cent year-on-year to Rs 1,446.37 crore from Rs 1,719.3 crore in Q4 FY24, SpiceJet said in the filing.

For the 2024-25 fiscal, SpiceJet posted a standalone PAT of Rs 580.74 crore against a loss of Rs 409 crore in the year-ago period.

The revenue from operations fell 25 per cent to Rs 5,284 crore in FY25 against Rs 7050 crore a year ago, as per the exchange filing.