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Spicejet Q1FY22 Result Analysis

Spicejet Q1FY22 Result Analysis

Published on 20 August 2021 Views 66 Comments 0
Revenue from Operations increased by 121% as compared to the same quarter last year. On an EBITDA basis, the loss was Rs 414.9 crore for the reported quarter as against a loss of Rs 197.4 crore for the quarter ended June FY2021. It reported a net loss of Rs 731 crore in Q1FY22 as against a net loss of Rs 600 crore in the same quarter of the previous year as flight operations were severely impacted due to the Covid‐19 second wave.

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