SpiceJet Q2 loss widens to Rs 463 crore on higher costs

Losses at SpiceJet widened to Rs. 463 crore for the quarter ended September 2019, impacted by higher costs and a seasonally weak quarter, the company said on Wednesday.

SpiceJet’s losses were higher than street expectations; analysts tracked by Bloomberg had estimated a Rs. 328-crore loss for the budget carrier in Q2FY20.