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This is an archive article published on January 27, 2011

Spicejet Q3 net down 13.31 per cent

Spicejet reported a 13.31% dip in its net profit for the quarter ending Dec 31 at Rs 94.44 cr.

Low-cost carrier Spicejet reported a 13.31 per cent dip in its net profit for the quarter ending December 31 at Rs 94.44 crore.

The airline had posted a net profit of Rs 108.94 crore in the October-December quarter last fiscal,Spicejet said in a filing to the Bombay Stock Exchange.

Total income,however,grew to Rs 830.13 crore in the December quarter compared to Rs 649.05 crore in the year-ago period,the filing added.

Reacting to the decline in third quarter numbers,Spicejet counter was quoting 3.03 per cent down at Rs 71.90 on BSE.

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