The airline reported a net profit of Rs. 238.40 crore for Q3 FY16, an improvement of Rs. 513.42 crore over the net loss of Rs. 275.03 crore for the same quarter last year.
The airline reported a net profit of Rs. 238.40 crore for Q3 FY16, an improvement of INR 513.42 crore over the net loss of Rs. 275.03 crore for the same quarter last year.
This is the highest quarterly net profit the airline has reported in its history. SpiceJet has reported an operational revenue of INR 1,459.95 crore in the quarter demonstrating a growth of 11% over same quarter last year while its capacity (in terms of available seat kilometers) dropped by 3% for the same reference period.
The scrip opened at Rs. 77.25 and has touched a high and low of Rs. 81 and Rs. 75 respectively. So far 26678460(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 4247.1 crore.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 85.9 on 01-Jan-2016 and a 52 week low of Rs. 16.7 on 27-Apr-2015. Last one week high and low of the scrip stood at Rs. 77.5 and Rs. 62.5 respectively.
The promoters holding in the company stood at 60.32 % while Institutions and Non-Institutions held 1.4 % and 38.28 % respectively.
The stock is currently trading below its 50 DMA.
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