SpiceJet defers Q4 earning announcements due to ransomware attack

No-frills airline SpiceJet on Friday said the announcement of its audited standalone and consolidated financial results for the quarter and financial year ended March 31, will get delayed due to a ransomware attack on its IT systems.

In a regulatory filing, SpiceJet said it has postponed its board meeting on May 30, to consider and approve the company’s March quarter and FY 22 results to a later date.

“We wish to inform you that we are expecting a delay in submission of audited standalone and consolidated financial results of the Company for the financial year ended March 31, 2022 with stock exchange… due to ransomware attack on our IT systems which has affected the completion of the audit process within the stipulated time,” the filing added.