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Journalism of Courage
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.
