SpiceJet posts standalone loss of Rs 57 cr in December-quarter
Budget carrier SpiceJet on Wednesday reported a standalone loss of Rs 56.95 crore for the three months to December against a profit of Rs 73.22 crore in the year-ago period.
Total income declined by 51.36 per cent to Rs 1,907 crore during the quarter under review as compared to Rs 3,921 crore clocked in Q3 FY20, according to a regulatory filing.
The company, in a statement, said it has narrowed losses on a quarter-on-quarter basis.
The Gurugram-based airline had reported losses to the tune of Rs 112.6 crore in Q2 FY 21.
