{"id":276470,"date":"2019-05-29T05:49:02","date_gmt":"2019-05-29T05:49:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276470"},"modified":"2019-05-29T05:49:02","modified_gmt":"2019-05-29T05:49:02","slug":"spicejet-q4-net-profit-rises-22","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-q4-net-profit-rises-22\/","title":{"rendered":"SpiceJet Q4 net profit rises 22%"},"content":{"rendered":"<p>SpiceJet reported a profit of Rs 56.3 crore for the quarter ended March 31, 22% higher than Rs 46.2 crore it had earned during the year-ago period, helped by the grounding of rival Jet AirwaysNSE -1.83 %. <\/p>\n<p>The Gurgaon-headquartered low-cost airline reported a net loss of Rs 316.1 crore for the entire 2018-19, however, primarily on account of the huge losses it had incurred during the first two quarters of the financial year. <\/p>\n<p>Revenue from operations for the quarter was up 25% year-on-year to Rs 2,531.3 crore on the back of 11% increase in average fare. On an EBITDAR basis, the profit was Rs 523.3 cro-re for the quarter, the airline said. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet reported a profit of Rs 56.3 crore for the quarter ended March 31, 22% higher than Rs 46.2 crore it had earned during the year-ago period, helped by the grounding of rival Jet AirwaysNSE -1.83 %. The Gurgaon-headquartered low-cost airline reported a net loss of Rs 316.1 crore for the entire 2018-19, however, primarily on account of the huge losses it had incurred during the first two quarters of the financial year. Revenue from operations for the quarter was up 25% year-on-year to Rs 2,531.3 crore on the back of 11% increase in average fare. On an EBITDAR basis, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-276470","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276470"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276470\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}