{"id":597533,"date":"2023-08-14T12:19:56","date_gmt":"2023-08-14T06:49:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=597533"},"modified":"2023-08-14T12:19:56","modified_gmt":"2023-08-14T06:49:56","slug":"spicejet-q1-results-airline-swings-to-profit-of-rs-198-crore-from-loss-yoy-on-lower-expenses","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-q1-results-airline-swings-to-profit-of-rs-198-crore-from-loss-yoy-on-lower-expenses\/","title":{"rendered":"SpiceJet Q1 Results: Airline swings to profit of Rs 198 crore from loss YoY on lower expenses"},"content":{"rendered":"<p>Budget carrier SpiceJet swung to a first-quarter profit on Monday as lower expenses more than offset a fall in revenue.<\/p>\n<p>SpiceJet reported a consolidated net profit of Rs 197.64 crore for the quarter ended June 30, 2023, versus a net loss of Rs 783.72 crore in the year-ago period. The company simultaneously announced its March quarter earnings where it reported a net loss of Rs 6.22 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Budget carrier SpiceJet swung to a first-quarter profit on Monday as lower expenses more than offset a fall in revenue. SpiceJet reported a consolidated net profit of Rs 197.64 crore for the quarter ended June 30, 2023, versus a net loss of Rs 783.72 crore in the year-ago period. The company simultaneously announced its March quarter earnings where it reported a net loss of Rs 6.22 crore.<\/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-597533","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\/597533","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=597533"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/597533\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=597533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=597533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=597533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}